Particular prenups ensure businesses stay in the family; 'family forms' protect family entities from in-law ownership
Article Abstract:
Prenuptial contracts have evolved with changes in the social climate since the 1970s and now have family forms which many well-known families have used. Signatories to such contracts can now include parents or grandparents, and side letters to acknowledge the interest of these relatives can also be used. Testamentary trusts made for children or grandchildren can be included, with precatory instructions for trustees advising them to note the existence of an enforcable prenuptial contract before distributing interests in the family business. Business partners not members of the family could share similar concerns.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
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The love connection: human emotions are too vital to be left out of court decisions
Article Abstract:
Courts have often avoided explorations of love and emotion in their decision-making, but for the law to have relevance to human experience, it must acknowledge love and the deep connections that it fosters. Love as a legal issue arises in family law, of course, but romantic issues have been raised in tort and employment law cases as well. The New Jersey Supreme Court took a significant step when it found that negligent infliction of emotional distress claims based on injury to a loved one should not be limited to legal relatives.
Publication Name: ABA Journal
Subject: Law
ISSN: 0747-0088
Year: 1997
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