Just about to launch my startup I’ve been working on the past year. I’m a solo founder with no investors yet. If I were to get married this year, would I need a prenup to protect the startup?
Can a potential divorce take any part of the startup or its ownership or profit?
Depending on if you have a legal entity for the company then yes.
Get a good lawyer and protect the company.
Definitely a problem if you don’t have a corporate entity. Depending on the state you probably still need a prenup (and in CA that might not be enough to protect your entire interest in the company).
Havent incorporated yet. Was waiting until I brought on outside financing. I’ve bootstrapped everything myself.
There are many factors depending on where you live as well. Generally what you own but don’t work on before marriage ie passive investments/property is yours but if you have a business that you work on during marriage it might be subject to a split during divorce regardless if you incorporated or not.
Best consult a lawyer.
Don’t go into a marriage that you believe has the potential of divorce. simple.
I don’t plan to get in car accidents, but I still wear my seatbelt.
++1
Its simply being responsible to protect something you build especially along with other founders. No one can forsee the future. Your co-founders, employees and any investors expect you to retain ownership & shouldn’t be put at risk of your personal decisions.
… [Trackback]
[…] There you can find 64554 more Info to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Here you can find 79722 additional Information on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More Information here to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Read More Info here on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] There you will find 789 additional Info on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More Info here on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More here to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Here you can find 15843 more Info to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Here you can find 62108 more Info to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Here you can find 60714 more Information to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More Info here on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] There you can find 2173 additional Info to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More on on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Find More on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Read More on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] Read More Information here to that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]
… [Trackback]
[…] There you will find 18119 more Information on that Topic: startupsanonymous.com/question/pre-nup-startup-exposed-divorce/ […]