Many prenuptial agreements include marital longevity provisions

Few Florida readers are unaware of the marital woes facing shamed Hollywood producer Harvey Weinstein. In the aftermath of Weinstein’s dismissal from his production company and amid rumors of criminal charges to come, his wife of 10 years is preparing for a divorce. The couple had a prenup, but like many prenuptial agreements, the contract included a clause regarding the length of the marriage. 

Weinstein is married to Georgina Chapman, the designer behind the fashion label Marchesa. The document is believed to grant Chapman $300,000 per year in spousal support, but that number would rise to $400,000 if the marriage lasted longer than 10 years. Additional provisions were to address housing expenses and other costs. Weinstein’s net worth is estimated at $250 million, while Chapman is worth an estimated $20 million. 

The public is unlikely to learn the inner workings of this marriage, as it’s rumored that the prenuptial agreement prevents either party from publishing memoirs about their lives or doing television interviews or other types of media events. Chapman is said to have assembled a team of divorce lawyers. It’s unclear how she will proceed in the high asset divorce case, but the end of his marriage is not the only trouble Weinstein is facing. 

Florida readers may gain deeper insight into Weinstein’s private life, no matter what his prenup states. As more and more women come out against the producer, additional details come to light. Even the most carefully drafted prenuptial agreements don’t address what individuals outside a marriage disclose. It remains to be seen how Weinstein’s actions could impact his divorce case, or how a judge decides to weigh the couple’s prenup against his behavior during the marriage.  

Source: aol.com, “Here’s how much money Georgina Chapman could get from her Harvey Weinstein divorce“, Gibson Johns, Dec. 19, 2017

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