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Every state has its own laws, which set a framework for the minimum amount of time it takes to finalize a divorce, but the actual time it takes will likely be longer. In California, the statutory minimum time is six months. The actual...
The lifestyle of professional athletes is often commensurate with their contract and any endorsements, licensing, and NIL (name, image, likeness) earnings. Like other high-net-worth professionals, athletes often have a complex portfolio of tangible and intangible assets and liabilities. When facing divorce, their marital...
What are prenup and postnup agreements? Prenuptial (“prenup”) and postnuptial (“postnup”) agreements are financial contracts that proactively delineate how marital property will be divided and what financial responsibilities will be assumed by each spouse in the event of divorce. The main difference between...
Prenuptial agreements for entrepreneurs are financial contracts that many may have little knowledge about which is why we are going to cover the basics in this post. For some, prenuptial agreements (“prenups”) may have a negative connotation. They are financial contracts that may...