I own a house and a MLM business through Amway. I'm not married. What do I need to do to protect my house and business in event of a divorce since they are in my title. Is Limited liability company or trust useless? Is prenup the only way to go? I don't want to do prenup. There should be a law to protect separate property. My wife may not be into doing business?
Answer
If you're not married and you have sole ownership of the property and business it is yours.
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