The New York Post reports that Malaak Compton-Rock filed divorce papers this week which seek to maintain the posh lifestyle she has become accustomed to as the wife of high-profile celebrity. Rock is reportedly worth $70 million and Compton-Rock believes she deserves a sizable chunk of his fortune.
Rock filed for divorce last December.
According to NJ.com, Malaak-Compton’s divorce documents says she deserves a divorce settlement “commensurate with the marital standard of living” because she raised the couple’s children and is very involved in charity work. The documents say that she gave up her career to be a full time wife and mother.
In their divorce documents both acknowledge the sunset clause in their prenuptial agreement has expired, which means she could be awarded a generous divorce settlement.
The couple made the wise decision of signing a prenuptial agreement should be commended for making their work long enough to reach the expiration of their sunset clause. Most couples don’t make it that long.
A sunset clause basically says that after a certain date, the initial prenuptial agreement is no longer valid or binding. The couple can choose to have their prenuptial expire in 10 years, 15 years or 25 years or whenever they think there is no longer a need for the prenuptial agreement. Such agreement acknowledges that the longer a couple stays together the greater chance they have of avoiding divorce.
A couple can also choose to phase out their prenuptial agreement. For instance can dictate how to divide property and how much alimony or spousal support will awarded and who will get custody of a couple’s children. At each milestone—10 years, 20 years, etc.—more and more provisions in a prenuptial become invalid and more assets become marital property, which is divided 50/50 in the state of Kentucky.
Prenuptial agreements are always necessary but they can be beneficial for couples with inherited assets or a large number of assets they wish to shield from a nasty divorce. If you need advice on prenuptial agreement, child custody or divorce USAttorneys can connect you with divorce law firm dedicated to guiding Kentucky couples through mediation, divorce and child custody disputes.
Divorce doesn’t have to be a miserable process and won’t be if you retain a divorce attorney to ensure your interests are protected and any agreements are fair. Our attorneys, who specialize in family law and divorce, are capable of negotiating terms of child custody and asset division through mediation. Or if your counsel thinks you should go to trial, they will stand by your side in a Kentucky court. From the beginning stages to the final settlement you can rely on a divorce attorney to work towards a successful resolution on of your case.