Tag Archive for: prenuptial agreement

Florida Divorce, Financial Affidavits, and Privacy

In almost any Florida family law matter that involves financial issues, such as child support, alimony, division of property and debt, or attorney’s fees, parties are required to exchange and file Florida Family Law Financial Affidavits.  Financial Affidavits outline each party’s source(s) of income, as well as expenses, assets, and liabilities.

And, when they are filed, they become part of the public record, accessible by anyone.

Most people, for any number reasons, do not want their financial profile to become public.  And yet, when people go through the traditional litigated divorce, that’s exactly what happens.

But it does not need to be that way.

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Does Florida Recognize Legal Separation?

Many jurisdictions require spouses to be legally separated for a certain period of time (oftentimes about 6-12 months) before they can get a divorce.

Florida does not have such a requirement.

However, there are many couples out there who wish to go through a “trial separation” without taking the leap of divorce.  Many want an interim step short of divorce to maintain the possibility that the parties can work things out later and reconcile.  Does Florida have any mechanisms to provide protections to spouses and children during a trial separation?

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Drafting an Enforceable Florida Prenuptial Agreement

You probably have heard stories of people who had prenuptial agreements, thought their assets were secure, and yet, at the time of the divorce, had those prenuptial agreements thrown out by a judge for being unfair, overreaching, or being executed without sufficient financial disclosure.

To address the concerns of those who are thinking of getting a prenup, I recently wrote an article for The World of Collaborative Practice Magazine in which I discussed an essential process to utilize if you want an enforceable agreement:

I am seeing more and more clients – especially those who have previously experienced marriage and divorce – come to my office to learn about prenuptial (also known as premarital) agreements. Though they certainly do not go into the marriage planning to divorce, they know the statistics and want a prenuptial agreement to protect them and ensure that they do not get trapped in endless litigation later on.

At the same time, I find fewer and fewer family law attorneys who are willing to draft prenuptial agreements. Lawyers fear that, for whatever reason, the agreement could later be found to be unenforceable. Void prenuptial agreements create, at best, client dissatisfaction with the drafter and, at worst, risk of a malpractice suit.

Nevertheless, the demand for prenuptial agreements is increasing. How does an attorney minimize the risk that the agreement will be invalidated? The answer is close to our hearts, given that the interdisciplinary collaborative family law process is tailor-made for drafting prenuptial agreements.

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Tampa Prenuptial Agreements: Collaborative-Style

Potential clients come into my Tampa office all the time to learn about prenuptial agreements, how they can protect interests, and how they can provide for a more certain future.

For all these clients, I suggest that they utilize the collaborative method when developing a prenuptial agreement with their future spouse.

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Rights Recognized in Tampa’s Domestic Partnership Registry

As President Obama today expressed his support for gay marriage, the State of Florida continues to define marriage as “a legal union between one man and one woman,” leaving homosexuals in loving relationships in a state of legal limbo.  Attempting to fill in the gap, many local county and municipal governments are passing “domestic partnership registries” which codify certain rights to heterosexual and homosexual partners.  Tampa, for one, has passed an ordinance creating a domestic partnership registry.

Related:  Five Legal Steps Florida LGBT Parents Should Take

[Related:  In A Florida Child Custody Case, Does It Matter That I Am Gay?]

[Related:  In Which County Should I File My Florida Adoption Case?]

Tampa’s domestic partnership law recognizes the following rights for registered partners (to the extent that these rights are not superseded by other laws or ordinances or by contract):

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Prenuptial Agreements: Uniform Premarital Agreement Act

No matter the reason that parties enter into a prenuptial agreement, there are certain issues that may be agreed upon and other issues that Florida public policy prohibit parties from agreeing on prior to marriage.

For example, a clause in a prenuptial agreement defining a visitation or time-sharing schedule with respect to the parties’ unborn children would not be enforceable.  This is because a time-sharing schedule must be based on the best interests of a child, and it is difficult to define and anticipate those best interests before the child is born.  Similarly, a prenuptial agreement may not restrict a child’s right to financial support.

So, what may be agreed upon in a prenuptial agreement?  Section 61.079 of the Florida Statutes, known as the “Uniform Premarital Agreement Act,” specifically states that the following may be settled in a prenuptial agreement:

1. The rights and obligations of each of the parties in any of the property of either or both of them whenever and wherever acquired or located;

2. The right to buy, sell, use, transfer, exchange, abandon, lease, consume, expend, assign, create a security interest in, mortgage, encumber, dispose of, or otherwise manage and control property;

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New York Recognizes Gay Marriage. Do Floridians Have Options?

Beginning July 24, 2011, gay couples in New York will be able to apply for a marriage license.  This will make New York the sixth and largest state to recognize gay marriage.

Florida, unlike New York, does not permit gay marriage, nor does it recognize civil unions.  But there are things that partners can do to symbolize their love for one another and create certain rights and responsibilities.  You just have to be creative.

Let me give you an example.  One of the services that my firm offers is that we represent clients in name change matters.  I have heard all different reasons why a client wants a name change, including that he or she (a) has done some things he or she is not proud of and wants to turn a new leaf, (b) wants to take on the qualities of a religious or historical figure by taking on part of that figure’s name, and (c) simply does not like his or her name.

One day, a young woman came in for a consultation, and she had a touching story to tell me.  She said that she had been dating her partner for several years, and that they wanted to get married.  But, of course, Florida does not permit gay marriage.  However, this woman decided to declare her love and commitment by legally taking on her partner’s last name.  I was able to guide her through the judicial process of symbolically affirming her dedication to her partner through a name change.

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Where Is Your Prenuptial Agreement?

The following is sound advice from Mark Chinn regarding keeping track of legal documents (such as prenuptial agreements and final judgments):

I recently heard of a case where the parties are in the midst of a divorce and the prenuptial agreement signed by the parties cannot be located.  It may have been part of an “old document purge” by the law firm that drafted it.  I suggest that clients retain the originals of important documents and that they place them in a bank safe deposit box or a home, fire proof, safe.

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Divorce Saloon: Top 10 Things A Gentleman Should Do (Or Avoid) During Divorce

Divorce Saloon offers an interesting top 10 of how a gentleman should act during divorce:

1. Don’t call your soon to be ex-wife and her (female) lawyer by choice names.

2. If you are a public figure, refuse to air dirty laundry and speak about your wife’s private parts (Roseann Barr’s ex Tom Arnold, for example, made some references to her privates that very much were ungentlemanly, to say the least).

3. Don’t respond to violence from your spouse or with violence to your spouse.

4. Gentlemen can curse, but don’t go Mel Gibson.

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Kristen Houghton’s “Happiness May Be A Prenuptial Agreement”

Author Kristen Houghton brings up some interesting points in her article, Happiness May Be A Prenuptial Agreement (from the Huffington Post):

[A] pre-nup isn’t just for royals or the wealthy, anyway. Though much more common in the case of a second marriage (especially if children from a previous one are involved), a prenuptial agreement is not such a bad idea for a “first” marriage either. And you don’t have to be Donald Trump to request a pre-nup. Many young couples are either toying with the idea or have actually seriously talked about it.

The classic pre-nup is a legal contract which operates by ensuring that if a couple divorces, any possessions each had before marrying would remain their own and not be divided as part of the marital pool. You can make a pre-nup very individual, but traditionally, both sides are entitled to 50 percent of any income earned during the marriage period. If one of the partners earned little or nothing throughout the marriage, they’d be allowed to be given a percentage of their partner’s earnings and possibly part of a future pension.

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