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Sunday 10 August 2025 03:24:37 GMT
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Wife: About $3 million. Judge: And today? Wife: Approximately $60 million. The judge looked at the prenup. Judge: Was the $1 million provision negotiated? Wife: Yes. Judge: Did you have your own attorney? Wife: Yes. Judge: Did your attorney explain the provision to you? Wife: Yes. Judge: Were you given financial information before signing? Wife: Yes. Judge: Were you pressured into signing? Wife: No. Judge: Did the agreement provide for the $1 million to increase with Husband’s net worth? Wife: No. Judge: An inflation adjustment? Wife: No. Judge: A percentage of his assets? Wife: No. The judge looked at Husband. Judge: Why was it a fixed $1 million? Husband: Because we wanted certainty. Judge: Certainty for whom? Husband: Both of us. The wife shook her head. Wife: It gave him certainty. I just didn’t understand what $1 million would mean twenty-two years later. Judge: What do you mean? Wife: When we signed it, $1 million was roughly a third of everything he owned. She looked at her husband. Wife: Today it’s less than two percent. The room went quiet. Wife: I gave up my career. I raised our children. I supported him while he built the company that made him wealthy. Husband: And we agreed on the $1 million. Wife: When you were worth $3 million. Husband: You can’t use the fact that my business succeeded as a reason to change our agreement. The judge nodded. Judge: That’s the issue. She turned back to the wife. Judge: Did you negotiate a percentage?Wife: No. Judge: Did you ask for a provision that would adjust with Husband’s wealth? Wife: No. Judge: Did Husband conceal his financial circumstances from you? Wife: No. Judge: Were you denied independent legal advice? Wife: No. The judge closed the file. Judge: Then I don’t have a basis, on these facts, to simply replace the agreement with one you wish you had negotiated. The wife looked stunned. Wife: So after twenty-two years, I’m still bound by a number we chose when we were 29?Judge: If the agreement is enforceable under the applicable law, yes. The judge paused. Judge: That’s precisely why people are advised to think carefully about fixed-dollar provisions in long-term marriages. The $1 million provision was enforced. The husband kept the additional wealth protected by the prenup. And the wife walked away knowing that the number she’d once considered enormous was now a tiny fraction of the fortune her husband had built.
Wife: About $3 million. Judge: And today? Wife: Approximately $60 million. The judge looked at the prenup. Judge: Was the $1 million provision negotiated? Wife: Yes. Judge: Did you have your own attorney? Wife: Yes. Judge: Did your attorney explain the provision to you? Wife: Yes. Judge: Were you given financial information before signing? Wife: Yes. Judge: Were you pressured into signing? Wife: No. Judge: Did the agreement provide for the $1 million to increase with Husband’s net worth? Wife: No. Judge: An inflation adjustment? Wife: No. Judge: A percentage of his assets? Wife: No. The judge looked at Husband. Judge: Why was it a fixed $1 million? Husband: Because we wanted certainty. Judge: Certainty for whom? Husband: Both of us. The wife shook her head. Wife: It gave him certainty. I just didn’t understand what $1 million would mean twenty-two years later. Judge: What do you mean? Wife: When we signed it, $1 million was roughly a third of everything he owned. She looked at her husband. Wife: Today it’s less than two percent. The room went quiet. Wife: I gave up my career. I raised our children. I supported him while he built the company that made him wealthy. Husband: And we agreed on the $1 million. Wife: When you were worth $3 million. Husband: You can’t use the fact that my business succeeded as a reason to change our agreement. The judge nodded. Judge: That’s the issue. She turned back to the wife. Judge: Did you negotiate a percentage?Wife: No. Judge: Did you ask for a provision that would adjust with Husband’s wealth? Wife: No. Judge: Did Husband conceal his financial circumstances from you? Wife: No. Judge: Were you denied independent legal advice? Wife: No. The judge closed the file. Judge: Then I don’t have a basis, on these facts, to simply replace the agreement with one you wish you had negotiated. The wife looked stunned. Wife: So after twenty-two years, I’m still bound by a number we chose when we were 29?Judge: If the agreement is enforceable under the applicable law, yes. The judge paused. Judge: That’s precisely why people are advised to think carefully about fixed-dollar provisions in long-term marriages. The $1 million provision was enforced. The husband kept the additional wealth protected by the prenup. And the wife walked away knowing that the number she’d once considered enormous was now a tiny fraction of the fortune her husband had built.

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