Prenuptial agreements don’t first come to mind when one thinks of the new Tax Act. As previously discussed, the Act (signed by President Trump on December 22, 2017) will eliminate tax deductions for alimony beginning in 2019. How does this affect existing prenuptial agreements? Many prenuptial agreements contain language about alimony in case of divorce,…
Read MoreDivorce and Prenuptial agreements have long been sources of friction for American Catholics. As Pope Francis travels to Philadelphia this month, his more liberal and compassionate stances are in the media, particularly one comment made at a June audience in Rome when he said divorce may sometimes be “morally necessary.” Whether or not this represents…
Read MoreWhat makes a prenuptial agreement stand up in Pennsylvania courts? Pennsylvania law, like all states, has its own view of prenuptial agreements. Previously we discussed Pensylvania’s unique law allowing a marital agreement of division of property to be created AFTER marriage. The state’s Supreme Court has also issued opinions in recent years that solidify our…
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