Getting married is a fundamental stage in personal life, but for an entrepreneur, a startup founder, or an innovator, it raises crucial questions about protecting the most important asset: the company. The idea of having to reconcile planning a future together with the need to protect company shares, intellectual property, and the value generated by years of sacrifices can cause anxiety and uncertainty. Understanding how family law intersects with corporate law is the first step to approaching this phase with peace of mind and foresight. As a divorce lawyer in Milan, Avv. Marco Bianucci regularly assists entrepreneurs and professionals in defining legal strategies aimed at protecting their business assets, ensuring clarity and security for the future.
In Italy, in the absence of an explicit choice, the asset regime that automatically applies to marriage is the legal community property. This means that all acquisitions made by spouses, together or separately during the marriage, become common property. Although shares in a company established before the marriage are considered personal assets, profits and increases in value generated during the marital life may fall under the community property, creating complex issues in case of separation. The choice of the separation of property regime is often seen as the definitive solution, but for a dynamic business like a startup, it might not be sufficient. Issues such as shares subject to vesting plans, patents not yet registered, or company know-how require more sophisticated and personalized protection tools, known as marital agreements.
The approach of Avv. Marco Bianucci, an expert lawyer in family law in Milan, focuses on preventive and tailored planning. Every startup and every entrepreneurial journey has unique characteristics that cannot be managed with standard solutions. The first step involves an in-depth analysis of the corporate structure, the nature of intellectual property, and the agreements among partners. Subsequently, specific marital agreements are drafted, which are actual agreements that allow for derogation from the standard regime and precise definition of which assets, present and future, should be excluded from the community property. The goal is not to create a barrier of distrust, but to establish clear and transparent rules that protect the integrity of the company and the entrepreneur's work, while preserving family harmony. This strategic planning is essential to ensure the business's operational continuity, regardless of personal events.
Separation of property is a fundamental first step, but it may not be exhaustive. For example, it does not specifically regulate the increases in value of company shares or the management of intellectual property developed during the marriage. For complete protection, especially in the presence of complex assets and business growth plans, it is advisable to supplement it with a tailor-made marital agreement that clearly defines the fate of these specific assets.
Yes, through a marital agreement entered into before or during the marriage, it is possible to establish that a specific company, its shares, and all related fruits and increases in value are considered the entrepreneur's personal assets and, consequently, excluded from community property. This tool offers the highest degree of protection and clarity, preventing future disputes.
Shares subject to a vesting plan (progressive maturation) represent a complex case. If the right to receive them matures during the marriage, disputes may arise regarding their ownership. A well-structured marital agreement can predetermine the nature of these shares, specifying that they belong exclusively to the entrepreneurial spouse, even if matured during the marriage, as they are the fruit of their professional activity.
Intellectual property (IP), such as software, patents, or trademarks, can be protected by defining its status within a marital agreement. It is possible to specify that any intellectual property rights, and their related economic proceeds, remain the exclusive personal property of the spouse who generated them, regardless of the time of creation or registration. This is crucial for innovators and creatives.
Protecting the fruits of one's labor is not an act of distrust towards one's partner, but a gesture of responsibility towards one's company, partners, and future. Timely legal advice allows one to face marriage with the utmost peace of mind, knowing that business assets have been secured. If you are an entrepreneur or a startup founder and wish to evaluate the most suitable legal tools for your situation, you can contact the Bianucci Law Firm in Milan, at via Alberto da Giussano 26, for an in-depth analysis. Avv. Marco Bianucci and his team are available to define a tailor-made strategy that protects your interests and ensures your company's stability.