Kim Kardashian may not be a legal scholar, but it looks like the reality star is no fool when it comes to using the law to take control of her finances. Kardashian and her fiancee Kris Humphries are now drafting a prenuptial agreement, according to New York Daily News, so that they can each protect their own assets.
Who cares about the image of romance and staying together forever? The couple has stated that prenup is "the smart thing to do." Kardashian has a $35 million fortune that she doesn't want to give up in the case of her divorce. Meanwhile, Humphries has assets that he would like to hold onto as well. As an NBA star for the New Jersey Nets, Humphries is making an estimated $3.2 million per season. His family also owns a number of Five Guys Burgers and Fries restaurants, which reportedly makes his net worth an estimated $8 million.
Why sign prenup before walking down the aisle? FindLaw states that a prenuptial agreement can not only protect the assets of each party in the case of divorce or separation, but such a contract can also define the financial rights and responsibilities of each spouse during a marriage. Prenuptial agreements can also determine how property will be passed on upon death, which can be particularly important if one or both parties has children from a previous relationship.
Today, every U.S. state allows for prenuptial agreements and such legal agreements have become more widely accepted in court and by society. Eighty percent of New York Daily News respondents said that Kardashian is wise to get a pre-nuptial agreement before getting married, as divorce has become a reality for many in the pop culture scene.
- Find a Houston Family Law Attorney (FindLaw)
- What Can and Cannot be Included in Prenuptial Agreements (FindLaw)
- Kim Kardashian's Prenuptial Agreement with Kris Humphries (FindLaw's Celebrity Justice)