A prenup that sets out what will happen in a divorce can ensure that
the wealthier spouse does not take on an unfair financial burden in the event of a divorce, and that the less wealthy spouse is fairly taken care of.
Traditional support is awarded after a long - term marriage so that the less
wealthy spouse does not suffer a drop in living standard.
Not exact matches
In the past, Eldridge
did not have to reveal the finances of his
wealthy spouse because the federal government
did not recognize gay marriages.
I
do not think we should have a Legislature where the pay is so low that only people who are
wealthy, or have successful
spouses, can participate in the body.»
The
wealthy know that while it may seem natural for the main breadwinner to
do the investing, if the investments are made (and taxed) in the name of the lower - earning
spouse, the returns are taxed at a lower rate.
A prenuptial agreement gives instruction for how that is to be
done in the event that the marriage dissolves or the
wealthier spouse passes away.
The new law promotes fairness in divorce cases by giving a needy
spouse — who
does not have the money to retain legal counsel — the same opportunity as the
wealthier spouse to hire a skilled Orlando divorce attorney who is competent to handle all aspects of their case.
The
wealthier spouse is able to be direct about the desire to preserve his or her wealth and what he or she is prepared to
do consistent with his or her goals.