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Postnuptial contracts: Read before signing to avoid dispute

On Behalf of | Sep 4, 2018 | Firm News, High Asset Divorce |

In business, divorce or any other transaction that includes signing a contract, Washington readers will want to remember the importance of carefully reading all terms therein and making sure they understand them before signing. A dispute may arise down the line if one or more parties of a contract suddenly claim they did not understand what they were signing. A man who was once married Elvis Presley’s daughter says he was unaware of the contents of the post-nuptial agreements he signed.

Lisa Marie Presley has been married four times. While she paid spousal support to her first husband, she did not pay any to her second or third. It is her fourth husband who complained that he was unaware that signing a post nuptial contract would prevent him from ever receiving spousal support from Presley.

The former spouses have had their share of out-of-the ordinary issues arise in court. For instance, Presley supposedly told her ex’s attorney that she did not recall the year in which the two had wed. She also reportedly told the court that she sold millions of dollars worth of her former spouse’s belongings because he had racked up an exorbitant balance on her credit card.

The two are trying to iron out their dispute in a non-jury trial. Any Washington resident facing similar divorce-related problems may want to litigate the issue if a fair and agreeable solution cannot be found outside of court. An experienced family law attorney would be a great asset to have on hand at such times.