A Most Affordable Prenuptial Agreement
The inspiration for my recent article entitled “The Most Affordable Divorce,” was a recent matter in which I was hired by a couple, very much in love, to serve as their mediator to help them negotiate a Prenuptial Agreement.
The bride was young and financially middle class, and the groom was older and a high net worth individual. What made this matter most compelling was that in 2017, each party had hired his/her own high priced, aggressive lawyer, and the negotiation became so adversarial that the Prenuptial Agreement was never finalized and executed, and the couple called off their marriage and split up!
Fortunately, love triumphed, the couple got back together and resumed the negotiation of their prenuptial agreement keeping lawyers out of it.
A few more facts are important to shed light on this couple’s situation and concerns. The groom had a net worth in excess of $35,000,000, annual income in excess of one million dollars, and a very successful business known to most people where this couple lived. The groom was also married and divorced twice before, and had spent a fortune on legal fees in his prior divorces. As a result of this and the bad experience this couple […]