Protect Your Prenup

the deepest pocket pays
With a seemingly ironclad prenuptial agreement Even, delays in completing the divorce proceedings along with other unexpected judicial decisions really can be considered a cause for financial pain. Take the 2006 Ohio Cangemi v. Cangemi case:
At the proper time of these marriage in 1996, Mr. Cangemi had a net worth of over $8 million, when compared to wife’s small $33,000. An extremely definitive and mutually arranged prenuptial agreement provided that in the event of a divorce, Mrs. Cangemi would receive $5,000/mo. for 12 months. Six years after she filed for divorce, the 12-month period started. However, during the six years of divorce proceedings, the wealthier party shelled out $6,000/mo. and paid $15,000 in her attorney’s fees per court order – the grand total was close to $450,000. Apart from the gross difference in the amount paid versus the amount stipulated in the prenuptial agreement, how can there be six years of complex proceedings with a black-and-white business agreement in hand? The judges involved provided a very detailed account of the case and referenced very established case-law scenarios and even the prenuptial agreement itself when ordering the temporary support arrangement. A big portion of the decision was also related to the respective wealth of each of the parties. Since Mr. Cangemi had the means to provide such temporary support, he was ordered by the court to do so.
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