<\/a>Small businesses in America account for a substantial amount of the workforce and businesses in the U.S. economy.\u00a0 Many small businesses are family-owned, with many owned together by married spouses with other family members.<\/p>\n When the primary owners of a family business go through a divorce<\/a>, the implications can be tremendous.\u00a0 Therefore, with so much at stake with a family business, couples who co-own a business should consider a prenuptial agreement (premarital agreement). \u00a0Such an agreement can identify which property should be considered a spouse’s separate property and which should be counted as marital property, or it can deem that the other spouse will have no interest in the family business under any circumstance.<\/p>\n Furthermore, if one or both spouses have an ownership interest in a larger family business that would be viewed as marital property subject to division in divorce, a prenuptial agreement – and thus subject to property division in a (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Small businesses in America account for a substantial amount of the workforce and businesses in the U.S. economy.\u00a0 Many small businesses are family-owned, with many owned together by married spouses with other family members. When the primary owners of a…<\/span><\/p>\n