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
MIAMI, Florida. These days, many divorce lawyers help clients draft prenuptial agreements. This just makes good sense. Prenuptial agreements help engaged couples have tough financial discussions and also affords these couples important legal protections should they get divorced. Ideally, they also protect both people during a divorce. So, if you’re thinking of signing a prenuptial agreement before you get married, it is important for each person to have a lawyer representing them. It is also important to understand that not all prenuptial agreements may be seen as equally valid by a judge. How can you avoid some of the biggest mistakes? Here are a few: [Read more…] about Prenuptial Agreement Loopholes and How to Avoid Them
MIAMI, Florida. As a general rule, debts incurred during your marriage will be considered shared debts. This means that both you and your ex could be held liable for paying those debts and the debts may be subject to division during your divorce. When it comes to credit card debts, mortgages, car loans, and other lines of credit opened during your marriage, this may seem straightforward enough. But what happens if your ex took out student loans during your marriage? Should you be held responsible for paying a debt that will only benefit your spouse? [Read more…] about Divorce and Student Loans
MIAMI, Florida. Are your friends getting divorced? It’s more likely you will, too. It’s a concept known as social contagion. We tend to mirror the behaviors of our friends. If our friends have happy marriages, we might be more likely to see the happy in our own marriages. But, if our friends have negative marriages, we might be more likely to see the bad in our own partnerships. [Read more…] about Negative Marriage? Can Divorce Save Your Life?
MIAMI, Florida. The fashion world and women across the country are in morning as the news of Kate Spade’s suicide traveled around the country and the world. In recent days, more information about the fashion designer’s private life have come to light. According to CBS News, police believe that Spade may have killed herself due to financial issues and marital problems. Reports have indicated that Spade’s husband may have been asking for divorce. Other reports indicate that Spade may have been suffering from mental illness for years. [Read more…] about Depression and Divorce: The Warning Signs