Such agreements, also known as lifestyle clauses, can be drafted by family law attorneys.
This is a complicated option and a variety of considerations should be made before utilizing it.
Here’s what you gotta know.
Rob Daly/Creative RF/Getty Images
Ms. Newman believes that sometimes postnups may be what is needed for the couple to move forward.
Professor Vaughn states, They don’t work.
Wealthy people have a lot of money.
A money deterrent usually isn’t enough to stop a wealthy would-be cheater.
He does not recommend them and notes that they are relatively uncommon.
He asserts that it is rather complicated to draft highly enforceable contracts like these.
They are more for celebrities, public figures…politicians.
But, in her experience as well, these agreements in any form are not very common.
Ms. Austin also believes that these agreements arent as effective with the wealthy.
He states that clauses involving infidelity are the most common and popular of such lifestyle clauses.
According to Mr. Landers, they are not just for celebs anymore, either.
These clauses might encourage people in a committed relationship to discuss fidelity issues and expectations in advance.
Feelings about monogamy and infidelity will be made clear.
Such communication alone can be helpful, even if the clause is never enforced.
