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Splitting heirs - divorce planning and pre-nuptial agreements for family business in Ireland

2009

Objectives: The main aim of this paper is to examine what can be done to plan for divorce should divorce arise for members of a family business in Ireland. A number of objectives have been formulated; firstly the research will examine the issue of di-vorce and what the law states pertaining to it. Next what support there is for family businesses when it comes to divorce and what preparations could be made should di-vorce occur will be identified. Prenuptial agreements will be examined and the views and opinions of owner/managers of family businesses will also be examined. Prior work: Little to no research has been conducted in Ireland to examine the views and opinions of family owned busine…