MIAMI, Florida. Prenuptial agreements are becoming increasingly popular. As more couples get married older, they’ve had some time to amass considerable wealth. Other couples are getting married for the second time or they have children from a prior marriage. Some couples use the discussions that a prenuptial agreement raises to review finances and other issues. The process of drafting a prenuptial agreement requires honest conversations about money. While the conversation can sometimes be difficult, honesty about money is important to your marriage because many marriages end when couples fail to be honest about spending, assets, and debts. [Read more…] about Five Big Prenuptial Agreement Mistakes to Avoid Making
MIAMI, Florida. Do you own your own business? Are you getting married? A prenuptial agreement can protect your business should you ever get divorced. A prenuptial agreement might be most important among business owners whose businesses don’t have high valuation—yet. As your business grows, so will its value, and so will any claim that your future spouse might have on that growth. [Read more…] about How a Prenuptial Agreement Can Save Your Business
MIAMI, Florida. Technology has given abusers and stalkers more power than ever. If you are getting divorced, how do you know if you are being stalked, monitored, or tracked by your ex? According to NPR, GPS tracking devices make it easier than ever for former partners to track their ex’s whereabouts through their phones. Even tools that are designed to be helpful or are designed to prevent theft, like Apple’s “find my phone” feature can be used by stalkers to track their victims. [Read more…] about Digital Spying and Divorce
MIAMI, Florida. If you are getting divorced and you and your former spouse own or run a business together, your business might be one of the most challenging assets to divide during your divorce. According to Inc., your ex might be entitled to 50% of your business if you get divorced. While it is true that some former couples can put aside their marriage and focus on business, many couples will want a clean split. So, how can you make this happen if both you and your ex ran a business together? [Read more…] about Protecting Your Business in a Divorce When You Don’t Have a Prenuptial Agreement
MIAMI, Florida. More and more adults are choosing to live together rather than getting married. According to the Pew Research Center, approximately 18 million adults cohabitate. While half of the couples cohabitating are under 35 years old, more and more cohabitating adults are over 50. While cohabitation might seem like less of a commitment than marriage, cohabitating couples often share a lease together, may adopt pets together, and may even sometimes make major purchases together, like buying a car. As more adults choose cohabitation over marriage, it raises an important question: should cohabitating couples sign a cohabitation agreement before they move in? [Read more…] about The Unmarried Person’s Prenup: Do You Need a Cohabitation Agreement?
MIAMI, Florida. If you are marrying a high net worth individual, you may, at some point, find yourself facing a “prenuptial agreement talk.” Whether it’s because your future partner’s family has wealth that they want to protect, or whether it’s because your partner is independently wealthy and wants to protect his or her business interests, marrying a high net worth individual or marrying into a high net worth family can come with its own set of unique complications. [Read more…] about Prenuptial Agreements When Marrying a High Net Worth Individual