Tuesday, October 29, 2013

Family Business Valuations and Marriage Contracts

Negotiating a marriage contract to treat one particular asset a special way is a common method to protect a business like Jacques’ which was built from scratch with few resources to a successful international organization. Rachel understands and agrees that Jacques’ 50% business interest which he will bring into the marriage belongs to him. But, she asks, what about her advice as an engineer without salary, her contribution as a sounding board 24 / 7, her creation and involvement in regular focus groups to test new product ideas, and all the other works she does without pay? Isn’t that worth something?

http://goo.gl/fbUbDf

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