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Family Law for Business Owners | Protecting Yourself Legally, Getting a Prenup or Postnup, and More

Tiffany and Theresa are back in the Legal Lounge! In this episode, they discuss how family law can impact business owners in the event of a marriage, separation, or divorce. If you’ve worked hard to build something, you want to protect that asset, protect yourself, and protect your partner financially in the event the business fails. We cover all that and more in this episode! Need legal help in your family law matter? Schedule a consultation with our team to make sure you and your future spouse are both legally protected should a divorce occur. http://www.ModernLegalNC.com Resources mentioned: ➡️ North Carolina Secretary of State | Business Registration - https://www.sosnc.gov/divisions/busin... Some key takeaways from this episode include: 🔹 One of the first steps you need to take as a business owner is making your business a separate entity from yourself. This might include filing articles of incorporation, setting up your business as an LLC or corporation, and creating business bank accounts. 🔹 If you’re getting married and you have a business, you might want to get a prenup to establish that your business and its assets (and liabilities!) are your own separate property and will belong to you in the event of a divorce. 🔹 Separation and divorce can be a very traumatic experience, so eliminating some of the stress of having to evaluate and divide a business's value can help immensely. Having that prenup or postnup in place may be the best way to do that. The Legal Lounge podcast aims to dispel misinformation and downright bad legal information to empower anyone with questions about their family, their children, their finances, their marriage, and the law. As a team focused exclusively on family law matters, we aim to help you not only with the information you need, but also with the hope that your situation has a solution. Modern Legal is a family law firm based in Charlotte, North Carolina. Our Modern Legal team can help you navigate the legal system when the law and your family collide. We help turn confusion into confidence, helplessness into empowerment, and frustration into action. Connect with Modern Legal: ➡️ Website - http://www.ModernLegalNC.com ➡️ Phone: 704-286-6302 ➡️ Instagram -   / modernlegalnc   ➡️ LinkedIn -   / modern-legal   ➡️ YouTube -    / @modernlegal   ➡️ Facebook -   / modernlegalnc   LEGAL DISCLAIMER: This podcast is for educational purposes only and the information should not be relied upon as legal advice or for legal purposes.