Nearly everyone has heard the oft-repeated statistic that 50% of all marriages end in divorce. But what about creative partnerships? The odds are no better. Pity the poor expert, celebrity, author, playwright or screenwriter who enters into a creative partnership without thinking about the financial, emotional and practical challenges ahead of them. If the relationship falters, a well-drafted collaboration agreement (written during the romance stage of the relationship) can be consulted. If the relationship fails, that agreement will help for a clean break-up.
Disclaimer: This article discusses general legal issues of interest and is not designed to give any specific legal advice concerning any specific circumstances. It is important that professional legal advice be obtained before acting upon any of the advice contained in this article.
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