Not being a reader of People magazine, I missed the news of the Brad Pitt- Angelina Jolie August wedding. I had assumed they were married years ago. Apparently they executed a fairly public pre-nuptial agreement prior to their wedding. The agreement provides that in the event they divorce they will each keep their respective assets but any marital assets will mostly benefit their children and various global orphanages. The odd provision is that in the event Mr. Pitt is unfaithful due to Ms. Jolie’s children penchant for adopting children as if they were Tamagotchi, she will receive most of the custody rights for the children.
1. Pre-nuptial agreements are advisable in the event of second marriages or where there is disparate wealth between the parties. When both parties are Hollywood A Listers with similar net worths, they are more for show than practical effect.
2. The behavior clause about infidelity of Mr. Pitt is unlikely to be enforced by a court.
3. Am I the only one who appreciates the coincidence that Mr. Pitt finally tied the knot with Ms. Jolie only a month before his bromance buddy, George Clooney, married?
4. Presumably Angelina will keep the vial of Billy Bob Thornton’s blood in the event of a divorce.
I am an attorney located in Cincinnati, Ohio who practices in the areas of estate planning, probate, asset protection, and small business advice. I make a difficult and bewildering process as simple as possible. Most importantly, I provide "more for less" for my clients.