Details of the divorce and the prenuptial agreement of Ruben Studdard has now been released and officials have stated that Studdard will not lose anything in the “iron-clad” agreement.
Studdard, the former winner of ‘American Idol’, was officially divorced in January after filing in November and ending his three-year marriage.
According to his prenup, Studdard will be keeping the home the couple lived in together, the cash, property and other jewelry. His ex-wife receives the BMW that was purchased for her by Studdard and a $10,000 settlement over there property, as well as attorney fees that will be paid for.
If you or a loved one is going through a divorce and you would like to discuss the division of your assets, contact the Monmouth property division lawyers of Andrew A. Bestafka, Esq by calling 732-898-2378 today.
There has been a recent trend in unmarried, cohabiting couples in that they are seeking some type of legal protection similar to that of a prenuptial agreements.
These binds are seeking to protect each partner’s financial assets as well as child custody issues. These contracts are still drawn up by an attorney and when surveyed, 39 percent of divorce attorneys have stated that they noticed an increase in the number of ‘co-habitation’ agreements.
These agreements are most common when an unmarried couple decides to buy a house together in order to protect assets if the couple splits up later down the road.
If you or a loved one has been considering a divorce and needs help to divide your assets properly. Contact the Monmouth property division lawyers of Andrew A. Bestafka, Esq by calling 732-898-2378 today.