Sometimes the need for legal help in a marriage is not because of a problem, but rather because of something good.
In this case, Spouse A had just formed a new business partnership that had a very specific shareholder agreement between the spouse and the other partners. There was a desire to ensure that the partner’s spouses received a benefit in the event that their spouse, who was a partner in the business, died, but that such a benefit did not impact the long-term ownership of the business.
Due to the way that the contract was written up, there was a requirement that all partners who were married signed a postnuptial, and those who were not married would need to sign a prenuptial.
In the case of our client, we walked Spouse B through the agreement, and why and how it would benefit them. Marriage is more than a meeting of souls and love. It is also an economic relationship, and it is important to understand how the relationship impacts you. This agreement also allowed the spouses of all the partners to share in the benefits of the business relationship, without be exposed to the risks of having ownership in the business.
