Tag Archives: prenuptial agreement

Jeff Bezos, Wife File for Divorce with No Prenup in Place

Amazon founder and CEO Jeff Bezos recently announced that he and his wife, MacKenzie, would be getting divorced. The divorce is expected to shatter records because Bezos is the wealthiest man in the world and the couple did not have a prenuptial agreement. There have been reports of an affair Bezos had during the marriage,… Read More »

Can a Spouse Lease Out Rental Property During Divorce?

Divorced couples are able to own property together, but in doing so they must abide by the same rules any other business partners would. This means one partner must have the other’s permission to take any action with the property, whether that be renting it out, making improvements or selling it. Keep in mind that… Read More »

Prenuptial Agreements Have Become a Staple of Millennial Marriages

Recent surveys of family law attorneys indicate prenuptial agreements (prenups) have become increasingly popular among millennials in recent years. One big reason for this trend is that millennials are getting married older, on average, than previous generations, meaning they’re coming into marriage with more assets. However, perhaps the biggest factor is the massive debt weighing… Read More »

How to Tactfully Bring Up a Prenuptial Agreement as a Possibility

Prenuptial agreements may be on the rise in terms of their popularity, but that doesn’t make it any easier for you to ask your partner for one. It can be a difficult conversation to navigate, even if the agreement would be beneficial for both people entering a marriage. Therefore, broaching the subject requires some tact…. Read More »

Factors that Could Lead to an Invalid Prenup

Although U.S. divorce rates have been in decline in the new millennium, many people still find it advisable or beneficial to create prenuptial agreements that protect their interests and assets in case a divorce happens. It’s true that prenups can be useful agreements to protect people from the harmful fallout of a divorce. However, certain… Read More »

Special Considerations for Later-in-Life Divorces

Between 1990 and 2010, the divorce rate for Americans over the age of 50 doubled. For many couples ending their marriages later in life, special considerations may factor into a settlement. If you are entering into a divorce as a senior, consider the following: Alimony issues: Unlike younger divorcees who may only be required to… Read More »

How to Know When You Need a Prenuptial Agreement

If you are about to enter into a marriage with your significant other, you may be wondering if a prenuptial agreement is needed to protect your assets. Although no one likes to think about the possibility of a marriage dissolving, reasons couples choose to enter into a prenuptial agreement may include the following: To clarify… Read More »

Billionaire Could Face Monthly Child Support Payments of $1 Million

In what could become one of the biggest divorce settlements ever, multibillionaire hedge fund owner Ken Griffin could be responsible for making monthly child support payments of approximately $1 million. The huge amount of money includes funding for private jet trips and lavish vacations, according to information from the court documents filed in Illinois. Griffin… Read More »

Advantages and Disadvantages of Prenuptial Agreements

If you are considering adding a prenuptial agreement to your marriage, it is important to first consider the benefits and disadvantages that such an agreement could have for you. The following are some of the key advantages that come with a prenup: They allow you to protect your property that you had before the marriage… Read More »

Life with the Kardashians: Another Day, Another Divorce

In sad but not unexpected news, Khloe Kardashian filed for divorce from her husband of four years in December.  The Kardashian clan has had its share of marital trouble in recent years. Married in a high-profile celebrity wedding to Kris Humphries, Kim Kardashian moved to end her marriage within months of the ceremony. Ms. Kardashian… Read More »