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Divorce Archives

Millennials increasingly seek to protect intellectual property in prenuptial agreements, P.2

In our last post, we began looking at the growing trend among young married couples of including provisions addressing intellectual property in prenuptial agreements. It makes sense that we would see such a trend, given the kind of businesses young entrepreneurs have been creating in recent years. Protecting potentially lucrative business ideas is no small matter.

Millennials increasingly seek to protect intellectual property in prenuptial agreements, P.1

Prenuptial agreements can be a very useful protection for couples, allowing them to take control over how their assets will be divided in the event of future divorce. Without a prenuptial agreement, of course, a couple’s property is divided according to established state law.

Negotiating an enforceable prenup

In our last post we looked at possible uses for a prenuptial agreement. As we noted, every couple has their own circumstances to consider. Aside from certain limitations, prenups are quite versatile and can be used for a variety of purposes.

Prenuptial agreements: a versatile tool for protecting your assets

While a couple does not ordinarily plan a wedding with the expectation they will one day divorce, there is something to be said for being prepared for the possibility. Divorce can result in a significant loss of assets-and the assumption of significant debt-for those who fail to plan. One of the tools individuals can use to protect themselves is a prenuptial agreement.

Alimony or Palimony?

If a couple is not married, there will be no alimony payments when the relationship ends. But what about palimony payments?

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