Prenuptial Agreements

Recently Bill and Melinda Gates announced that they are filing for divorce after twenty-seven years of marriage. Like another high-profile couple with substantial wealth, Jeff and MacKenzie Bezos, the Gates’ did not have a prenuptial agreement directing the division of marital assets. The Gates’ divorce poses a unique challenge in the question of ownership of the Gates’ foundation. The Gates’ …

“I Don’t” – Who does the ring belong to if the engagement is called off?

Aside from ruining the moment, requiring someone, while on bended knee and asking another to marry them, to clarify that in the event that the engagement is called off they want the ring back is “unduly harsh and unnecessary,” according to the Tennessee Court of Appeals in the 2007 case Crippen v. Campbell. In the case of Crippen v. Campbell, …