When you’re in love and starting your life together, you hardly want to think about getting divorced and splitting the assets. For this reason, prenuptial agreements have a very bad reputation. There is the risk that starting the discussion will burst the bubble of “happily ever after” that all young couples dream of, so the…
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,…
Divorce 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…
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