Celebrities and Prenuptial Agreements
When we hear about prenuptial agreements, it is often because of celebrity marriages. However, prenups are available and can apply to anyone who feels they are necessary prior to a marriage. A prenuptial agreement protects an individual's assets in the event of divorce. Where to Begin? A prenuptial agreement includes personal property, such as checking and savings accounts, real estate, stocks and bonds, automobiles, and more. If you're considering a prenup to protect your assets, there are certain guidelines you must follow:
- Your prenuptial agreement must be in writing
- Both parties of the marriage must be willing to sign it, so discussing a prenup with your partner before you get married is a must
- The prenup cannot leave anyone in the marriage without any belongings or homeless
If you're wondering whether or not a prenuptial agreement is a good idea, here are a few well-known celebrities who opted for a prenup, and some who did not but should have-and for good reason. Ryan Phillippe and Reese Witherspoon In the early 2000s, Ryan and Reese were the world's cutest power couple. Everyone remembers seeing the two happy together. However, the seemingly happy couple divorced in 2005. Around the time of their divorce, Phillippe was only making approximately $2 million while Witherspoon was pulling in almost 10 times that per movie. Unfortunately, California state law mandated their earnings be split in half, allowing Phillippe to exit the marriage as one happy camper. Jessica Biel and Justin Timberlake Jessica Biel and Justin Timberlake are a famous couple in Hollywood, but they're both smart and realistic. Timberlake is no stranger to infidelity, and Biel is well aware of this. In their prenuptial agreement, Biel has included a clause that states she is to receive $500,000 if adultery is a factor. Not only is the prenup a smart move to protect both parties' assets, but this also gives Biel some comfort knowing that there will be repercussions if there is adultery on Timberlake's part. Getting Assistance with a Prenuptial Agreement When two people decide to marry, they don't ever predict a divorce later in life. However, if you feel that a prenup is necessary or to safeguard one partner's assets prior to a marriage, then it is a good idea to speak to an attorney. In fact, you don't have to be a celebrity to get a prenup. If you have assets that you want to protect, it's okay to do what is necessary to ensure these assets won't be touched in case something goes wrong in your marriage. At Lucas Law, PLLC, we are knowledgeable in family law and want your marriage to be a blissful and happy occasion-we'll help worry about the paperwork. Contact us online or at (603) 581-7102 so that we can protect your future. Related Post :
