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Reply to "Postnuptial Agreement - Would you sign?"

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[quote=Anonymous][quote=Anonymous]OP, I wonder if he used post-nup but really means something else. Upon hearing that you two are the only married ones, I would give him the benefit of the doubt here. I'm thinking his family suggested a way to make sure that "outsiders" (spouses, future spouses, etc.) stay out of the business dealings. I'm thinking there is a way that this can be done on a business level, and not on a personal/post-nup level. [/quote]

+1- I work in wealth management and it's very likely that the family was given this advice by an attorney or advisor.  The drama involved if someone gets a divorce is brutal.  I would hear him out and see if he has a proposed agreement drafted.  If so, get it reviewed by your own lawyer, & make sure you have a clear understanding of the current ownership structure (is it a corporation or partnership? What is the current valuation of the business, etc).  I'd do a lot of homework before seeing an attorney so you understand what the division of  assets would be now V after post nup.  Make sure you consider retirement accounts, insurance policies etc .... Consider debt incurred as well as the potential profit, it might be beneficial for you if business goes south to have something in place.

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