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Reply to "Postnuptial Agreement - Would you sign?"
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[quote=Anonymous][quote=Anonymous]PP - these are all things that should be done through other types of business agreements. A postnup is entirely different and is something that presumably would be set up to deny the OP any kind of ownership or financial stake in this new business venture. OP, I am with the others who say don't sign it.[/quote] Business partnerships typically have buy/sell agreements that prevent a spouse from becoming an owner. Partners A & B own a business 50/50. They have a buy/sell agreement, and life insurance to back it up. Partner A dies. Life insurance pays Partner A's spouse for the value of the his/here share of the business, and Partner B now owns 100%. Very common. [/quote]
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