Nearly six years after this couple, who share a ten-year-old, confirmed their breakup, they are still in the midst of their divorce proceeding trying to settle all issues. Primarily, Jenna is seeking a large share of Channing’s earnings from his Magic Mike franchise.
Once again, this shows the pitfalls of not having a Prenuptial Agreement that would normally align and determine assets regarding business development or income as a result of entrepreneurial efforts and opportunities that may come a person’s way. Obviously for celebrities this is compounded astronomically!
However, there may be significant assets, whether it's personal, intellectual property, or business assets from developing a business or concept that everyday people could acquire during the marriage, which ordinarily would become marital property. Having a Prenup is extremely important to protect present and/or future potential assets.
If you have questions about the benefits of Prenups or how to avoid a messy divorce, please feel free to contact Concetta G. Spirio, Esq. at Spirio Law and catch my blog article on the “Five Benefits of a Prenuptial Agreement”.
Selected excerpt(s) and linked article courtesy of Olivia Evans, eonline(dot)com
Royalty-free photo courtesy of Google's ImageFX
Concetta Spirio. A Compassionate Collaborative Divorce Attorney, Mediator & Peacemaker Providing The Highest Level of Legal Representation For Over 35 Years.
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