Pros of a prenuptial agreement named for Russians
Pros of a prenuptial agreement named for Russians. Photo - © Igor Nizov / Fotobank Loria. Social and economic policy expert Yakov Yakovovich stated that a prenuptial agreement and corporate agreements can protect family business in the event of divorce and conflict, according to RuNews24.ru.
Consensus
- 74% of small and medium-sized enterprises in Russia are family-owned firms.
- More than a third of these companies receive support from relatives, particularly spouses.
- Divorce is described as both a personal tragedy and a corporate risk for family businesses.
- Jointly acquired assets such as company shares and income are subject to division during divorce.
- The loss of control over a business due to divorce can create serious management problems.
- Legal instruments like prenuptial agreements, trusts, and corporate agreements are used in Western countries to protect family businesses.
- In Russia, such legal tools are often viewed with suspicion or as signs of distrust.
Points of divergence
- The expert cited the divorce of Tatyana Kim and Vladislav Bakalchuk, founders of Wildberries, as a real-world example of how divorce leads to legal disputes, appeals, loss of control, reputational damage, and employee attrition. — gazeta_spb
Coverage (2 sources)
- Experts name the pros of a prenuptial agreement for Russians — РИАМО
- Expert names divorce as main threat to family business - SPb.ru news — Gazeta.SPb
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