Brewery businesses such as Hercegovacka Pivovara have always upheld their commitment to the finest quality products, with a deeper focus on securing family heritage over generations. Incorporating this same level of value and commitment to your business assets is key in assuring that all operations are in proper care, with secure family oversight for years to come. One of the most significant impacts on the longevity of a family-run business is whether or not your assets are secure. One of the most promising new trends amongst savvy winery, brewery, and distillery owners is the idea of making the business permanent. Owner Herco is ensuring that his brand produces consistent quality, generation after generation. This means that brewing and serving at Hercegovacka Pivovara will always be the same, no matter who owns it. Many savvy business owners would like to ensure that the same consistency occurs behind the scenes as well. How does one ensure that the same standards of quality are upheld through generations of family ownership while still ensuring that the business is safe and secure? Many business owners are turning to prenuptial agreements as a way to ensure that their personal business assets are safe in the event of a divorce. One of the biggest reasons people create a prenuptial agreement is inheritance. If a husband or wife comes into a relationship as a business owner, it’s always a good idea to ensure that assets aren’t subject to spousal interests in the case of a marital break-up. This ensures that assets will remain in the family, and that the operations behind the brand itself won’t be jeopardized by a marital split. A prenuptial agreement can specifically be written to protect assets against divisions in the case of a divorce. Since a divorce can ruin even the most venerable of brands, it’s important to protect yourself and your assets from the beginning. If you’re not careful, you could lose your business due to a marital division. Some prenuptial agreements include persisting asset divisions that occur over time, with set rules pertaining to how much of a facility or operation should be inherited by which party over a certain period of time. This ensures that your business retains its consistency and is not overly-severed in the event of a divorce. When you make a prenuptial agreement, it’s important to remember that there are no right or wrong choices when it comes to the language you use. Every relationship is different, as is each business. Custom making an agreement to fit your situation is the best way to ensure optimal security. Your contract can be as specific and lengthy or as short and vague as you see fit. Only you will know what works best for you and your immediate family members. One of the great things about our business agreements is that they can be shared with other interested parties. It’s a good idea to share your agreement with partners, such as your wife/husband or other involved family members. Once you have signed an agreement, it’s important to keep a copy on hand in the event of a future relationship separation. While many business owners enter into prenuptial agreements with an eye towards the future, it’s important to remember that you’re in great company. Many winery, brewery and distillery owners have also pursued prenuptial agreements as a way of protecting their family assets. To ensure the safety and security of your assets, turn to legal experts who are intimately familiar with the prenuptial process. Whether your priority is kingdoms of growlers or generations of families, we’ll help secure the future of your family business with ease.
For more information on prenuptial agreements and their implications, you can visit Wikipedia.