Monday, July 7, 2008

Antenuptial Agreement

Antenuptial Agreement is a written agreement entered into before a marriage that usually deals with what happens to the parties' assets and income in the event of divorce or death. For example, it can specify what a surviving spouse gets on the death of the other spouse. It can increase or decrease inheritance rights. To be enforceable each party should have separate legal counsel, each party should make full disclosure of all income, assets and other material facts, and no duress should be involved. This is also called a pre-nuptial agreement or also antenuptial agreement. ---- Chicago State Planning Law.com

This is a very useful in Business Succession Planning

In the Case of the Rodriguez Divorc, it remains to be seen whether the antenuptial agreement that the couple had executed in October 2002 remains valid in the eyes of the law.

To give you a background , Cynthia Rodriguez filed for divorce against husband AlesRodriguez.
Cynthia is claimingtheir USD Twelve million, six-bedroom estate in Coral Gables, Fla. (and of course everything that is inside it), as well as her luxury car-- a Maybach.Cynthia is also demabdig Alex to settle their mortgage, and legal expenses

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