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Yours, Mine And Ours

Protect your business with a prenuptial agreement.

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This story appears in the November 1996 issue of Entrepreneur. Subscribe »

Would a prenuptial agreement have prevented a costly settlement in a recent divorce where the heir to a well-established family enterprise put a large dent in the family's fortunes by agreeing to pay $23 million to his spouse, who was forced to relinquish her interests in the family concern?

No one can say, because Prince Charles and Princess Diana didn't have a prenuptial agreement. But chances are if any of Queen Elizabeth and Prince Philip's children remarry, they will be urged to sign one.

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