Do any of these remind you of yourself?
1. You want to take your spouse into the business?
2. Or you have a business, maybe at home, and your spouse is just helping out?
3. Or are the two of you are thinking of starting a business together?
I suggest - strongly - under any of these scenarios that [...]
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Why is a prenuptial agreement a good idea?
One in three of all first marriages end in divorce, as well as 50 percent of second or third ones. A prenuptial agreement is smart financial planning, since marriage is not just an emotional and physical union - it’s also a financial union. A prenup and the discussions [...]
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A 2002 Harris Poll demonstrates the polarized opinions on drafting a prenuptial agreement:
• More than one-fourth of respondents (28%) think that a prenup makes smart financial sense for anyone getting married.
• One-fourth think they are for the rich and famous, not regular people.
• One in five (19%) believe a prenup is never needed if two [...]
Filed under: Divorce, Prenuptial Agreements | 1 Comment »
Some people will go to extremes to stick it to their exes.
Take H. Beatty Chadwick, a corporate lawyer in Pennsylvania. Eleven years ago, during his divorce hearings, Chadwick was instructed to turn over $2.5 million he had stowed away in overseas accounts. Chadwick refused–choosing instead to spend his days browsing magazines in county jail [...]
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Heather Mahar of the Harvard Law School recently concluded a study in which she sought to assess whether the common perception that prenuptial agreements increase the likelihood that a marriage will end in divorce, and came to the conclusion that such agreements, if properly drafted and entered into for the right reasons, can actually increase [...]
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