Tag Archives: prenuptial agreements

Despite challenges by the children and wife he left behind, as well as by the state of South Carolina, James Brown’s plans for the inheritance of his money will stay in place. In February the South Carolina Supreme Court ruled that an irrevocable trust set up by the Godfather of Soul – which cut out any wives and left most of his estate to an educational trust fund – could not be set aside.   It’s This Man’s World Brown …

The prenuptial agreement between a wealthy real estate magnate and his wife is no good, the Brooklyn Appellate Court ruled recently, tearing up the contract and allowing the couple’s divorce to proceed as if it had never been signed. Peter and Elizabeth Petrakis were married in 1998, in presumably happier times. However, there were already signs of trouble brewing when Elizabeth signed a prenup just four days before they tied the knot. According to her, Peter threatened that if she …

The effectiveness of a prenuptial agreement that wrestler John Cena signed 16 days before he got married will determine how much his soon-to-be ex-wife will get in their divorce. WWE star Cena and his wife are splitting over “irreconcilable differences” in Florida. “In this case, it appears the preliminary issues will be the interpretation of the prenuptial agreement, the application to the parties’ property, assets and income, whether the agreement itself is enforceable or not, which we always consider, and …

Living together before tying the knot is not the scandalous prospect it was considered to be in more conservative times, and adults in the U.S. are now putting off marriage at unprecedented rates. With the stigma of “shacking up” diminished, more couples are finding reasons to move in together before marriage, prompting some to lay down a few ground rules with cohabitation agreements. Similar to prenuptial agreements, cohabitation agreements are premarital contracts that are used to specify ownership of assets, …