In certain situations, couples will request that their agreements include lifestyle clauses. One of the most common lifestyle clauses is the stipulation that if one spouse cheats, they must pay a penalty.
Lifestyle clauses in prenups can also outline shared financial goals, family structure once children are born, and how to deal with issues of infidelity. We collect your email address so you can benefit from money-saving tips. The popularity of prenuptial agreements is on the rise. We collect your email address so you can benefit from money-saving tips. It is reported that Jessica Biel will receive $500,000.00 if Justin Timberlake has an affair during their marriage. The notion that a spouse would have an adulterous relationship during the course of a marriage is less than desirable, but the possibility is very real. Facebook co-founder Mark Zuckerberg and his wife, Priscilla Chan, executed a prenuptial agreement before their 2012 wedding that included lifestyle clauses. However, if your spouse has a typical, middle-class salary, paying you even $10,000 as a penalty for an affair might be something he or she wants to avoid. A premarital agreement can address more than just the financial aspects of marriage. Renowned actress Gwyneth Paltrow recently used the term “conscious uncoupling” to explain that she is on the verge of a breakup and headed to divorce court. Prenuptial agreements are becoming more common. The ramifications of infidelity will be different in each situation, but they typically include financial consequences. Could You Lose Child Custody in TN if Infected With COVID-19? Infidelity clauses are primarily useful for those whose prospective spouse has a history of extramarital affairs or other cheating. In Tennessee, you can get a divorce on grounds of irreconcilable differences if both parties agree on the terms of a divorce and sign the appropriate documents. The focus is on asset protection and estate planning. Prenuptial agreements frequent purposes and uses are as are often used as tools for bargaining and negotiation before the marriage is consummated; some couples see them as a test of character and moral standing, and herein lies the problem. Lifestyle clauses are special stipulations included in pre- and postnuptial agreements that outline the expected behavior of each spouse during the course of their union. Divorce is a private and personal matter, and high-profile parties will often try to keep the details of their legal actions under wraps. Is There a Benefit to Filing for Divorce First in Tennessee. So, if a couple were married for 10 years before Party A had an adulterous relationship, then Party B would receive $50,000.00. If you have any questions about infidelity clauses, or prenuptial agreements in general, feel free to give us a call at +1.786.308.8588. Monetary consequences are typically separate from other forms of spousal support, and may not be included in divorce settlements.
Providing you with clear information, protection of your legal rights, explanation of your available options and informed decision-making power, we will begin working to make your goals a reality. Infidelity clauses are sweeping Hollywood, with many celebrity and high profile couples opting to include them in their prenuptial agreements.
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