Protecting Your Business with a Prenuptial Agreement

If you are preparing for marriage and either you or your spouse has a business interest, it may be wise to enter into a premarital contract that includes terms regarding management and ownership of that business. At Stolar & Associates in Los Angeles, our lawyers have extensive experience in preparing prenuptial agreements to protect the interests of corporate shareholders, business partners, limited liability company (LLC) members, and sole entities during marriage. If you would like to discuss the protections afforded by a prenuptial agreement with a member of our L.A. firm, please contact our Beverly Hills office for a complimentary consultation with an attorney.

What a premarital agreement can do for your business:

• If you own a business in part or in whole before you are married, a premarital contract can specify how that interest will be kept separate from community property.
• If you are involved in a family business before marriage, a prenuptial agreement can ensure the interest remains in the family in the event of your death or divorce.
• If you have business partners, a premarital agreement can provide them with control over management of the business in the event of your death, disability, or divorce.
• If your business grows during the course of your marriage, an antenuptial agreement can protect the increased value from being considered community property.
• If you contribute to the growth of your spouse's business during the course of your marriage, a premarital contract can ensure that you receive credit for a share of that growth.

California law regarding prenup contracts is constantly changing and growing. If you have a business interest, your antenuptial agreement will cover complex issues, including business valuation. It is essential that you work with a lawyer with the appropriate experience in family financial contracts. Steven Stolar, lead attorney at our Los Angeles firm, holds a Master of Law degree in estate planning, has twenty years of experience in the courts of Los Angeles County, Ventura County, San Bernardino County, Riverside County, and Orange County, and is well-prepared to protect your interests through a domestic partnership agreement, premarital contract, or postnuptial agreement.