Surviving Prenuptial Agreements

Family Money
by Judy Barber

I stood with a group of young people at a reception at a family conference where I had facilitated a program on prenuptial agreements.Several had attended the session and asked me a few questions. But they were primarily talking to each other about the difficulties they faced in dealing with this issue.

One man felt obligated to the family holding company and to his father’s desire that assets stay in the family.Another, whose family’s business had recently been sold, couldn’t imagine asking his wife, a successful business woman, to sign such an agreement.A young woman felt at a loss as to how to broach the topic with the man who would soon propose to her. More…

Considerations in Establishing Prenuptial Agreements

Considerations in Establishing
Prenuptial Agreements

Family Money

Here are responses from five attorneys sharing some experiences with prenuptial agreements.Many thanks for their time and thoughtful answers to the following questions.

  • William J. Butler, McDermott, Will & Emery (Chicago, Illinois)
  • Leon M. Cooper, Lewis, D’Amato, Brisbois & Bisgaard (Los Angeles, California)
  • Jon J. Gallo, Greenberg, Glusker, Fields, Claman & Machtinger (Los Angeles, California)
  • Judith V. Gordon, Gray, Cary Ware & Freidenrich (Palo Alto, California)
  • David W. Mitchell, Hoge, Fenton, Jones & Appel, Inc. (San Jose, California)

1. Do you typically discuss the emotional aspectsassociated with a prenuptial agreement with your clients?

Butler:Yes.I want my client to understand that the negotiation and execution of a prenuptial agreement may cause hard feelings between the parties that may linger for years to come.  More…