What Happens to my Business After I Marry?
Do you own a business? Do you own a business with your spouse? As this episode is being published live, our host Lauren is 1 month away from her wedding! With marriage being top of mind, this episode dives into what happens to your business before and after you get married, as well as what to plan for in the case of a divorce. Of course, there are much lighter topics to be covered, but as an entrepreneur it is so important to have legal agreements to protect your business in all areas. Including agreements when you have business partners and/or spouses involved! 00:50 How I came to the decision to quit Corporate Law to start my own Law Firm! 03:00 Having the conversation with your partner about creating a plan in case of a possible divorce. 05:00 Is the State you live in a Community Property State, or a NON-Community Property State? How does that affect you? 08:30 What happens if you own a business before you get married, and then later divorce? 10:20 What is an equitable division? 13:15 How can you protect your business? Three agreements you need to know! 15:50 If you own your business with a friend, do you have a plan in the event of death or disability of your business partner? 17:30 Are you and Will doing a prenuptial agreement? 18:00 Do I need an operating agreement? ……………………………………….. Work with Lauren Ruiz: https://www.guidemybusiness.co/book-a-consultation Connect with Lauren on Instagram: @thelaurenruiz https://www.instagram.com/thelaurenruiz/ Join the “Guide My Community” Facebook Group: https://www.facebook.com/groups/guidemycommunity