Ending a marriage can be an incredibly difficult decision. One is not only severing a relationship, but they are also cutting their belongings in half. For the most part, divorce means splitting their assets in half. However, when one spouse owns a business, this could further complicate the process. Whether or not a premarital agreement is involved, it is often in one’s best interests to take the time to protect one’s business during the divorce process.
As most are probably aware, Jeff Bezos, the CEO of Amazon, is ending his 25-year marriage. Part of what makes this divorce notable is that Bezos is worth nearly $137 billion, causing some concerns regarding how this divorce will not only impact his wealth, but also the company Amazon as a whole.
It is typical for high asset divorces to have a lot more at stake and for the property division process in particular to be very time consuming and charged; however, in this case, this dissolution could result in Bezos selling stock. This ultimately could impact his control of Amazon. For the most part, his assets are linked to Amazon, making it imperative to understand how division of these assets could affect the company.
It was reported that the couple does not have a prenuptial agreement, meaning that they do not have a marital document that outlines property division. With out without this document, however, it is important for divorcing couples to understand the process and what options they have. While divorce is a challenging time, it is possible to navigate it and get out of it alive.