Articles Tagged with prenuptial agreement

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meeting-room-3-1239345-300x221High-stakes negotiations are often characterized as intense back-and-forth battles where only one party wins. The winner takes all while the other party may suffer a loss of both objectives and dignity. A loss of dignity in negotiations for a prenup can have a long-lasting effect on the relationship.   Negotiating a prenup can (and should) be about coming to a mutually beneficial agreement for both parties. While the marital relationship is considered an economic as well as social partnership, establishing a foundation for the economics of the relationship can be challenging.  The goal of the negotiation should be conducive to creating a durable, family-oriented agreement. Below are five reasons the “art of the deal” is not a zero sum game when it comes to family: Continue Reading

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One of the most common questions I receive from clients is how to bring up a prenuptial agreement with a future spouse. There is no uniform answer to this because every couple has its own dynamics, and a prenup conversation should reflect this. With that being said, there are some basic ideas to help your path to a prenup go more smoothly.  Continue Reading

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In today’s constantly connected world, the way we interact with one another has changed. Relationship milestones are now often celebrated through technology and are sometimes reached through technology itself. Becoming Facebook official sometimes marks the real beginning of a relationship. Sharing a Netflix password may signify that the relationship is serious. Having a joint iTunes account is often part of a modern relationship. In a world that is increasingly dependent on the use of technology, how can you safeguard your own digital assets?  Continue Reading

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I have written in the past about the importance of choosing the right attorney for your legal needs. From time to time, potential clients come to me with a set of papers prepared through an online service.  These papers often lack important details and/or do not address core issues – especially in more complex or unique situations. When you are not working directly with an attorney, how can you be sure your needs are being met?  The internet is saturated with sites offering legal services at a deep discount. The services can be used for anything from business formation to wills. While many of these providers emphasize the role of attorneys in drafting the documents, this type of disclaimer sometimes leads the users to believe that the role of the attorney is then to review these pre-packaged documents. . Many people choose to use discount legal service providers because the price can often be lower than working with an attorney with specialized experience and also because of the perception that the process will be quicker through the service provider. Continue Reading

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Prenuptial agreements can include many different areas, including maintenance arrangements in the event of a divorce. Specific requirements and limitations on maintenance provisions vary from state-to-state. A celebrity prenup has recently come into the news because one spouse is challenging the maintenance provision of the agreement and requesting a modification. It does not appear that he is challenging the prenup itself, just the maintenance provision.  Continue Reading

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Ken Griffin, considered Illinois’ richest man and worth billions, has recently settled his divorce case right as the trial over his prenuptial agreement was set to begin. Griffin and his estranged wife have been in a divorce battle for over a year. The main issue was the validity of a prenuptial agreement the couple had executed.

Although the final prenuptial agreement was not signed until the day before the couple’s wedding, the court ruled that the agreement is valid. This case is a great example of how hard it is to challenge the validity of a prenuptial agreement.  The court will look at many factors in making the determination.   Continue Reading

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