If you are someone with high-value assets, a prenuptial agreement can be a vital part of your premarital planning. A well-drafted prenuptial agreement can offer a strong degree of protection in the possibility of a future divorce. In the case of one Florida man, his prenuptial agreement offered protection not when he divorced but when he died. In a recent ruling, the Second District Court of Appeal decided that the man and his wife’s prenuptial agreement prevented her from getting an additional half-million dollar payment from the man’s estate.
The case centered on the 2009 prenuptial agreement signed by Natalia and Andrew Shaw. Prenuptial agreements can provide certain protections to each spouse, especially in situations in which the spouses enter the marriage with high-value collections of assets. In the Shaws’ situation, they agreed that the wife would, upon the occasion of the husband’s death, receive the sum of one-half million dollars, as long as neither of them had filed for divorce prior to the man’s death.