News & Analysis as of September 20, 2024

Family Businesses

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Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process. less -

Prenuptial Agreement Series (Part 1): Do I Need a Prenup?

Obermayer Rebmann Maxwell & Hippel LLP on 12/12/2023

A prenuptial agreement, or “prenup”, is a contract or agreement between prospective spouses made in contemplation and advance of marriage. A common misconception is that prenups are only needed if you are a celebrity or have...more

Prenuptial Agreements Can Help Protect Your Family Business

Davis Wright Tremaine LLP on 1/13/2022

While a prenuptial agreement might not be on the wedding checklist, family business owners—and their children who might own or participate in the business—are often advised to prepare one as part of the marital process....more

Gavel to Gavel: Marriage, the sole cause of divorce

McAfee & Taft on 4/12/2018

Spring brings weddings. Cue delightful melodies as couples waltz toward union. Most engaged couples, however, focus on selection of dresses, tuxes or cake, and ignore that marriage imposes statutory and constitutional...more

Using Prenuptial Agreements to Protect the Family Farm

Ruder Ware on 1/16/2018

The family farm is a special asset. The family may have worked hard through decades, maybe even generations, to accumulate and develop the farm’s land, equipment and livestock. The children may be grown and successors to...more

Estate Planning & Family Law: How To Protect Your Assets For Future Generations

Lowndes on 10/23/2017

Norma Stanley and Derren Ciaglia explain the similarities of estate planning and family law, and give some examples of how to protect your assets in complicated planning matters....more

Premarital planning - Protecting your assets without a prenup

Adler Pollock & Sheehan P.C. on 8/3/2015

Protecting family assets in the event of a divorce is particularly significant for family business owners, who typically want to avoid sharing ownership with their ex-spouses or their children’s ex-spouses. A prenuptial...more

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