When preparing to wed, many Florida couples will discuss whether to pursue a prenup. Having this marital contract in place can vastly simplify the property division process if that need arises. However, in order for a prenuptial agreement to bring the full range of results, individuals should understand what they can and cannot accomplish with a prenup.
Love him or hate him, President Trump has certainly shaken up many aspects of American life. For some Florida residents, the policies and priorities of the Trump administration have led to changes in their personal plans. Many couples in which one party is a foreign national are considering marriage in order to ensure that they can remain together on American soil. For some, a prenuptial agreement is part of that plan.
For many Florida residents, the thought of signing a prenup brings about strong emotions. Many people are fiercely opposed to a prenuptial agreement, believing that the document serves to undermine the marriage and create a division between spouses. Others believe that prenups are absolutely necessary, and have witnessed the financial devastation that can occur during divorce. In reality, prenups have a number of hidden benefits, the primary of which is the initiation of a series of serious conversations about money.
For those in Florida who own or who are planning to start a business, it is important to understand how that asset would be treated in the event of a divorce. The best way to protect business interests is to draft a comprehensive prenuptial agreement. Another good option is to create a postnuptial agreement after the marriage has begun. However, for those who were unable to secure either of these sources of protection, there are still steps that can be taken to minimize the loss that would occur if the marriage should end in divorce.
A highly disturbing case has led to widespread attention toward the issue of international custody matters. An American mother has been fighting a seven-year battle for the return of her son, who is caught in the middle of a child custody matter between his mother and his paternal family. The case is heartbreaking, but it serves to shed a light on what many feel is a lack of rights for parents in Florida and elsewhere who are faced with similar challenges.
Florida readers may not know the name of the actress who plays Penny on the hit television show "Big Bang Theory," but they are likely familiar with her role on that show. Kaley Cuoco plays the ditzy blonde girl next door, and is an integral part of the dynamic that has made the show a long-running success. In real life, Cuoco is far from ditzy, as evidenced by the prenuptial agreement that she signed before her marriage to tennis player Ryan Sweeting.
Reality television star Bethenny Frankel has made headlines in Florida and across the nation with her multi-million dollar divorce. She and her former husband signed a prenuptial agreement, but the pair remain in court fighting over the details of their divorce settlement. In a recent hearing, Frankel scored something of a win.
As a Florida couple prepares to wed, there are a number of things that must be accomplished. Wedding planning often defines the months leading up to a couple's big day, but it is equally important to handle financial planning prior to tying the knot. A prenuptial agreement is not only an essential protective measure, but it also provides an opportunity for a couple to learn how their future spouse approaches money management.
There are many misconceptions surrounding what a prenuptial agreement actually is, as well as the types of situations and people for whom they are the right choice. Also known as a premarital agreement or, simply, a "prenup", it is a kind of agreement that sets the terms of a couple's property rights in relation to their marriage. More and more, Florida couples who are getting married choose to create a prenuptial agreement.
Before many couples decide on heading to the altar these days, many of them are signing prenuptial agreements first. Professionals in the field of family law say that Florida residents might be surprised to learn which individuals are actually deciding to sign a prenuptial agreement. According to one professional, those entering marriage with prenuptial agreements in hand are not necessarily who one might think.