Monday, April 9, 2007

Its Good to Have a Prenuptial Agreement

There is no secret that 50% of all marriages end in divorce and for celebrity couples, those statistics can be even higher. I encourage the use of marital settlement agreements for those couples who may stand to lose substantial amounts of money or assets in the event they are to get a divorce. A good prenuptial agreement can save you time, money and headaches, if there is a divorce. The divorce between Britney Spears and Kevin Federline is a good example of why its important to have a prenuptial agreement, and the divorce between Paul McCartney and Heather Mills is a good example of how not having a prenuptial agreement can be disastrous. A couple will still need to figure out what is going to happen with their children, but without the bickering and fighting that goes on concerning how to divide assets, the chance of a fast and reasonable settlement is much more likely if you have a Prenuptial Agreement.

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