Divorcing with a prenuptial agreement

On Behalf of | Nov 28, 2022 | Divorce, High Net Worth Divorce, Property Division |

When couples enter a marriage, they often think about the positives of the union. However, we know that no marriage is perfect, and problems can arise.

No happy couple wants to think about the possibility of divorce prior to marriage, but it can be a wise thing to do. While there is nothing romantic about a prenuptial agreement, it can save people a lot of trouble should their marriage later end in divorce.

In fact, drafting a prenuptial agreement can actually strengthen a marriage. A prenuptial agreement forces the parties to disclose everything about their financial affairs and goals, and makes their expectations clear. This can help avoid unpleasant surprises in the future.

Prenuptial agreements of the rich and famous

As many are aware, quarterback Tom Brady and supermodel Gisele Bundchen moved through the divorce process rather quickly.

Because both are independently very wealthy, many expected a lengthy and complex divorce when news broke. However, due to their ironclad prenuptial agreement.

The division of property

Sources say that the two created a prenuptial agreement in 2009 before they married. Because they each have their own separate business entities, it wasn’t very difficult or complicated to move through the property division process.

The only true need to divide anything applied to their massive property portfolio.

Although prenups are often associated with the rich and famous, they can be useful for people of ordinary means, as well.

The goal of the document is to outline what is to occur in the event of a divorce, making the process more efficient and less painful. Therefore, it is important to consider a prenup before entering a marriage, as it could be a great safeguard in the event of a divorce.