Entertainers and Prenuptial Agreements
A Prenup Contract Can Protect Your Interests
The entertainment industry is not known for predictable paychecks. A screenplay that seemed to be dormant can suddenly draw a lot of interest – and money. Income opportunities can vary dramatically from year to year. Residuals that were paying small amounts on work done years ago may rebound as interest in an old property rises.
If you are in the entertainment industry, if you are getting married, talk to an experienced attorney at Stolar & Associates about a prenuptial agreement that is designed to deal with the realities of your industry.
A Premarital Contract Can Provide More Certainty.
What will happen if you get a divorce? That is not something most people want to talk about prior to marriage, but it is an important discussion to have if, for no other reason, to establish the rights and obligations of the marriage partners.
- A prenup can define separate property and community property. Intellectual property conceived years before the marriage or residuals based on prior work, for example, could be listed as separate property.
- Premarital contracts can protect your business relationships – other members of a band or a production team, for example.
- A prenup can establish how income and assets will be shared during and after a marriage.
- Both parties need to have legal representation to ensure the contract is enforceable.
The entertainment industry is complex and often unpredictable. By consulting a lawyer experienced with the industry and with California community property law, you can have a prenuptial agreement that works for you and your spouse.
Call for a Free Consultation with an Experienced Attorney.
It is important to have a lawyer who knows the entertainment industry. The Stolar law firm has represented actors, band members, singers, writers, producers and others throughout the industry. We have the experience and knowledge to draft a prenup that protects your interest and meets the requirements of California law. Call 310.288.1828 or send us an e-mail.
