Going into a marriage with well-communicated expectations not only helps during the course of the relationship, but may also make proceedings easier in the event of a divorce. A prenuptial agreement may seem like a romantic downer for Miami, Florida, residents, but they can help ensure individuals understand each other before committing to matrimony. For one celebrity, a premarital agreement may protect more than assets.
Sherri Shepherd, a host on "The View," reportedly signed a prenuptial agreement before she married Lamar Sally in 2011. According to reports, the prenuptial agreement did protect Shepherd's assets. If the couple remained married between two and five years, Sally would only receive $60,000 upon divorce.
The prenuptial agreement held other clauses, though, say reports. According to documents, the prenup said that Shepherd would get full physical custody of any children that came as a result of the marriage. The couple is currently expecting a child, who is being born through a surrogate.
When Shepherd filed for divorce, she didn't seek custody of that child, say reports. Though that seemed odd to some, the news about her prenup agreement means the matter may already be resolved. It's not surprising, though, that Sally is contesting the prenup. Though he signed the agreement prior to the marriage, reports are that he is now seeking to have the agreement invalidated, claiming fraud. He reportedly made the legal request when he filed for legal separation in May.
A prenuptial agreement can be used to protect an individuals assets, but it can also be used to safe guard other interests. When adding creative clauses to a premarital agreement, understanding the legalities of the contract and how they may hold up in the future is important.
Source: NY Daily News, "Sherri Shepherd’s prenup gives her full custody of unborn child with Lamar Sally" Kirthana Ramisetti, May. 15, 2014