Florida entrepreneurs may be interested in some useful tips that might help to protect a business in case of a future divorce. The National Marriage Project at the University of Virginia estimated in 2010 that almost half of marriages end in divorce in the United States, and those percentages grow in second marriages. Owners of businesses who have not properly protected their assets may find that their business is affected once a divorce proceeding begins.
Many Florida residents might have a negative reaction to drawing up a prenuptial agreement. After all, doesn't a prenup seem to indicate that a couple expects their marriage to end in divorce? It might be useful to consider the fact that having a prenup can make going through a divorce more clear-cut in terms of asset distribution -- but in no way does it predict that a couple will split up.
News seems to spread fast along the Gulf Coast – especially when a politician is involved. In Pasco County, for example, a county commissioner is embroiled in a messy divorce complete with criminal domestic battery charges, although those charges were later dropped. According to an article in The Tampa Tribune, this divorce has the potential to get costly. The commissioner's net worth was listed as $4.4 million in 2012, and it likely that the commissioner and his wife also have significant assets, including real estate, business assets, pensions, and property interests.