March 8th, 2010
Aging movie stars often have relationships with young beautiful women. There are many examples of these “May/December” relationships. Michael Douglas, age 65, is married to the beautiful Catherine Zetta Jones, age 40. Lorenzo Lamas, age 52 is engaged to be married to Shawna Craig, age 23. Bruce Willis, who was formerly married to Demi Moore, is 54. He recently married, Emma Hearning, a 30 year old model. He trumps his ex-wife, Demi, who is 47 years old and married to the 32 year old, Austin Kutcher.
How do these aging movie stars avoid losing their shirt when these Hollywood marriages fail. One way, that anyone with assets can avoid losing a substantial portion of their assets in a divorce is to have a Pre-Nuptial Agreement. Pre-Nuptial Agreements basically set up a plan for the division of assets and for spousal support (alimony) should the marriage fail. The agreements are straight forward and deal with all financial marital issues.
Pre-Nuptial Agreements are now commonly used by individuals who are married more than once during their lifetime. They deal with problems presented at the time of divorce, they also deal with inheritance rights in the event one of the parties to the marriage (usually the older man) dies first.
I have written many Pre-Nuptial Agreements in my legal practice that deal with May/December marriages. I often wonder about the basis of these relationships. Is it the financial security the deep pocketed man provides or is it true love? I am sure love is a factor but I very rarely come across a May/December marriage where the man is both older and poor!
Picture of Bruce Willis & Emma Hearning courtesy of iVenus.com.