Divorce Clause In Partnership Agreement

In addition, a purchase-sale contract can (and should) do the following: Pascale`s Supreme Court decision offers a plethora of information and instructions about the role of parents in various custody agreements. That is why it is important, if necessary, to make special reference to this case. A model clause follows: the established principles of a compulsory marriage contract continue to apply. It is therefore important that the terms are agreed as far as possible before the marriage and that no pressure is exerted on the parties concerned. Detailed financial information should be exchanged by the couple and both parties should receive independent legal advice on the terms prior to signing the agreement. The parties also acknowledge that their respective alimony cannot be changed under any circumstances and that the husband has changed his position on certain economic issues (including equitable distribution) by relying on the assurances given by the wife as to his renunciation of maintenance. The wife also guarantees and declares that she acknowledges that without this promise, the husband would not have changed his position and that, regardless of the language contained in Lepis v. Lepis, the end of alimony cannot be changed and this provision is irrevocable, even if one of the circumstances mentioned here occurs. In addition, the waiver by both parties of alimony, alimony or any other form of maintenance cannot be changed in all circumstances, whether contemplated or not. . . .