Learn to Love the Prenup

Signing on this dotted line could safeguard your financial future.

by Corinne Asturias

(Page 4 of 12)
 

No one will deny that prenup-land can be a weird space, pioneered by weird people—namely, the rich, famous, and eccentric. Take the case of Giants slugger Bonds, who had his first wife, Sun, sign herself out of his future earnings on the way to board a plane for their wedding (a practice that the state of California now rejects, requiring instead seven days between the signing and the nuptials). When they signed the agreement in 1987, Bonds was earning $106,000 a year with the Pittsburgh Pirates. By the time of their messy split in 1994, he was making $8 million.

Then there’s Catherine Zeta-Jones and Michael Douglas, who are rumored to have a bad-boy clause, wherein Douglas will pay his wife a specified sum if he’s unfaithful. (I hope it’s millions.) J. Lo reportedly had the same idea, before her engagement to Ben Affleck imploded, writing in a bad-Ben clause if he stepped out of Bennifer bounds.

In the famous Marla Maples–Donald Trump case, the young and, some would say, naive girl from Georgia ended up with a smidgeon of the tycoon’s wealth because the prenup required four years of marriage before she became a full partner, and she got caught messing around with her bodyguard a few weeks shy of the mark.

Equally appalling stories come from the monied and celebrated who don’t have prenups. Director Steven Spielberg had only a paper napkin containing a sketched-out prenup; it didn’t hold up in court because Amy Irving had no lawyer present when she signed it, and Spielberg ended up paying his ex-wife what was at that time a record $100 million. “People, at the start of a marriage, really think Cinderella, and are caught off balance,” Janis Altman says of the dreamy optimism that’s the hallmark of so many unions.

It doesn’t help the prenup’s rap that some couples have wrapped bizarre clauses around issues that would be better suited to a therapy session. Nachshin, who’s drawn up thousands of agreements in celebrity-rich southern California, has seen it all: substance abuse, gambling addiction, whether the toilet seat is left up or down, how much football is watched on Sundays.

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3 responses so far
  • 1 Marriage Without Monogamy: Part Two // Feb 29, 2008 at 11:31 am

    […] because we’ve decided to do so without getting legally married (see Marriage Without Monogamy), a prenuptial agreement is obviously out of the question. And yet neither one of us likes the idea of building a life […]

  • 2 Kristi // Feb 14, 2007 at 8:40 am

    Recently divorced with a prenup. This document allowed my husband to cheat on me with 3 different women (that I know of - if there’s 3 rats, there’s probably 10) for over 3 years and because of the prenup - he was not responsible for alimony! I wish I’d been more forthright in what was necessary to be included in the document.

  • 3 Anonymous // May 23, 2006 at 11:16 am

    I am 22 female and agree very strongly to having a pre nup. I would compare it to wearing a seatbelt for saftety, not that you plan for a wreck or even want one but, the future is unknown. I also believe an indiviual should be secure enough to know that a paper doesn’t make the relationship but, the indiviuals apart of it. If someone loves me they are marring me not MY ASSETS!!! -VMS

 
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