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Articles Tagged with premarital agreement

Can Premarital Agreements Be Broken?

Can-Premarital-Agreements

The purpose of a premarital agreement is fairly straightforward—to provide guidance for how a separation should be conducted if a marriage ends in divorce. Due to its nature, most couples don’t think much of such agreements unless they are actively considering a legal separation. At that moment, it can be incredibly relieving to have such details outlined in advance, especially if the situation between you and your spouse has become contentious. However, depending on the terms of the agreement, there may be questions about whether everything outlined is still relevant or enforceable. To fully understand the limitations of a premarital agreement and under what circumstances the contents may be voided, it’s important to familiarize yourself with a little background regarding what these agreements are and why they exist.

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Billionaire tech mogul Elon Musk’s wife, British actress Talulah Riley, filed for divorce on March 21st in Los Angeles. Musk may be experiencing deja vu right about now, as this is the second time that the couple will be going through a divorce. Originally married in 2010, the two already divorced in 2012. Then they remarried just a year later, in 2013. And yet again, Musk filed for divorce in 2015, only to later dismiss his request. This time it is Riley who pulled the trigger to initiate the divorce process once again.

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It’s no secret that divorces can get expensive. The divorce between Dodgers owners Frank and Jamie McCourt exceeded $20,000,000 in fees! There are three fairly simple steps that every single person can take before and during marriage to make any potential divorce less expensive.

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