Quote:
Originally Posted by shadha
Though, a word of warning, in the event of a divorce be careful that she doesn't suck you for all you're worth.
|
Yeah, my business partners take care of that.
Snap-back or "shotgun" clauses in the business articles of the corporation ensure that in the likely event of a divorce, all of my shares in the corp. immediately snap back to the corporation for safekeeping in escrow.
That way she can't suck me for all I'm worth - she can take my personal belongings and money in my bank account [if I let her] after a fair bout of talks, but as for my commercial interests, she can't touch those.
Being generous doesn't mean being stupid with your assets, or letting yourself get taken to the cleaners.
