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Prenup, cheating rumors can affect high asset divorce

When a high-profile couple has a whirlwind romance, friends and family are often concerned that sound judgment may give way to impulsive acts. This concern is not without good reason, as a person with substantial assets or income can see their property interests threatened in the event of a divorce. For Texans with complex property at stake, an agreed-upon prenup can make for a relatively smooth high asset divorce.

Fortunately for reality star Khloe Kardashian, who lived in Texas for a time while documenting her marriage, and whose family has made many divorce-related headlines in recent years, the presence of a prenuptial agreement should help protect her sizable fortune. According to media reports, the pair, which dated for about a month before tying the knot in 2009, have a secure prenuptial agreement that should protect both their financial interests.

The details of the prenup have not been made entirely public, but it is estimated that the document ensures she will receive about $7 million following the divorce. The former couple's multimillion home in California will likely go to Kardashian; she is also set to keep her $1 million engagement ring and a $2 million payout in cash. Finally, she may also receive $500,000 for each year that the marriage lasted.

While the existence of a prenup helps a high asset divorce move forward efficiently, sometimes accusations can slow this progress. For example, cheating rumors, which abound in the Kardashian-Odom divorce case, can sometimes void portions of a prenup. Many prenuptial agreements, for example, state that a spouse will receive certain assets in the event of divorce, but only if that spouse maintains the integrity of the marriage bond by not cheating or engaging in other specified behaviors. In such instances, an experienced high asset divorce attorney is invaluable in sorting fact from fiction and moving the case towards resolution.

Source: The Christian Post, "Khloe Kardashian slams 'heartbreaking' cheating rumors; will prenup ensure $7 million divorce settlement?" Benge Nsenduluka, Dec. 18, 2013

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Attorney Christine K. Lincoln

Christine K. Lincoln offers sound counsel and legal services to protect clients and their families facing divorce and other family disputes.

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