Prenuptial pacts unite pragmatic romantics; in addition to safeguarding inheritances, prenuptial contracts can help attorneys protect their firm ownership interests
Article Abstract:
Couples can override state laws on asset division in the case of death or divorce with valid prenuptial agreements. Divorce litigation supports the agreements' utility as practical planning vehicles. Such agreements can cost anywhere from $1,000 to $100,000, depending on the magnitude of the assets involved. Possible innovative clauses, beyond the basics, include an escalation clause, so that the amount of property distribution or alimony goes up incrementally with the length of the relationship, and a self-destruction clause, so that after a relationship of a specified number of years, the agreement is null and void.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
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Valuation approaches may differ; cleanup cases
Article Abstract:
The market value of a property needing environmental cleanup can be adversely affected even after the cleanup is over. Factors that can affect market value during and after cleanup include the following: residual contamination, the stigma connected with a property that has needed environmental cleanup, and diminished value during an often lengthy cleanup. Various kinds of property valuation can help with the difficult task of quantifying these damages.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1992
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