What is listed in Prenups for billionaires like Jeff Bezos

Bezos and Sanchez note that they are married and previously absolute, Marilyn Shintz, the marital lawyer, notes several billions of celebrities and celebrities such as Tom Cruise and Michael Douglas. Bezos did not have a famous person who had no prenup during this first marriage; McKenzi Scott, his ex -wife, author and improved, obtained Amazon shares worth tens of billions of divorce. Sanchez, too, is subject to a great wealth, although she and her former husband Patrick and Whites had Prenup dictating their origins when they divorced in 2019).

Bezos and Sanchez representatives immediately did not respond to a request to comment on whether the couple had Prenup, but Xinitz, who does not represent either side, says that the spouses probably had teams of lawyers and other professionals-attorneys in the field of overlap, border tax lawy It faces two months or for a longer period.

Such a wide process would reflect the amazing complexity of the couple’s financial resources. In the case of Bezos, the Amazon shares, whose main source of wealth has gained great value during his Scott, who played a major role in creating that wealth. Even with the presence of Prenup in its place, it is likely that it has come out of marriage with great origins since it was a marital property, says Cintz. For his second marriage, Bezos will already enter billions of dollars, investments in dozens of companies, multiple homes, yachts and other assets. Meanwhile, both Bezos and Sanchez have children of their previous relationships.

Chinitz notes that, based on the documents she formulated for other wealthy couples, it is very likely that any prenup contains many non -financial provisions that are in line with those that divide money and property. These agreements may include non -disclosure and non -separation opportunities related to media activity, secret business information, the scope of PRNUP negotiations, etc.

“Given that Jeff is one of the richest people in the world … privacy issues and secret management are major considerations,” says Paul Carrger, CEO of Twinfocus Private Company. “There must be a clear understanding of the use of the media, the media and the social media, and to store and preserve documents, (and) restrictions on public interviews.”

At the end of the day, both Bezos and Sanchez are likely to look at this not as a wedding but also a “commercial deal”, Lauren says leverNew York & Crane partner, based in pre -marriage agreements, did not participate in Bezos or Sanchez.

Prenups is not a time for secrets

Not all the next husband is completely when it comes to the assets they bring to marriage, and in the case of the wealthy, some of them are used “Secret” and LLCS To hide their money. Nevertheless, Shintz says it is unlikely to be a person of Bezos’s wealth. He and his team are likely to reveal all his assets, companies, property, etc., as in Sanchez, to ensure that the agreement is in the event of a possible divorce.

“You never want to be in a position that allows the husband to litigate as the other side moves to allocate the agreement on the basis that you have blocked the information and that you did not reveal your assets,” says Shinitz.

In the case of the wealthy Uber, doing this takes a team of professionals on both sides, including “lawyers”, accountants, and tax professionals to decode the assets of each party. Understanding and transparency is a key to ensuring the emergence of the resulting PRNUP document in the case of separation. Crane says that Sanchez is likely to be aware of this, given that she had her own money and was previously divorced. He puts it, for example, 20 people marry a person who has money and there is no idea of ​​what they do.

“She may not have something like him, but she still has money,” says Crane. “There is no way to end in the street if they divorce.”

Usually it is included in the Prenups of the Ultra Resery is a ruling to praise the competition in the event of divorce. In fact, this may mean that the litigant ends up.

“If one of the litigants decides to want to allocate the agreement when there is a divorce and they claim that there is coercion and dirt, you can obtain very punitive provisions in an agreement,” says Shintz. “There must be a real result to try to allocate an agreement that has been fully negotiated and nullified.”

A just and reasonable agreement

Although the wealth accumulated by Bezos will be considered a separate ownership of Sanchez, Shintz says the agreement should be “fair and reasonable.” In other words, if they want to divorce, he will not leave the partner with fewer assets.

“The courts are looking at the financial disclosure to ensure that the agreement is fair and reasonable, not the result of fraud, and that the conditions are not unreasonable,” she says.

It will be customary for the two to formulate an agreement based on the title: Anything in the name of Bezos belongs to, anything in the name of Sanchez belongs to it, and the marital assets in both names. This Chinitz calls a “cleaner” agreement that couples can obtain.

However, it is also common for the wealthy to be in property settlement agreements. This calls for the richest consent of the husband to relinquish future claims against assets in exchange for a fixed amount of money. Usually, this form of paying a cut amount after a certain number of years of marriage, or a specific amount of money each year of marriage. This will be in addition to any support entitled to obtain assets in each of their names (such as homes), although Crane says it is typical when both spouses are rich to waive the support of the husband and alimony.

One of the relevant elements in many agreements before marriage is the condition of sunset, which means that some items or full contracts end after a specific period of time, for example, or when a milestone is reached, such as the birth of the child. For example, Prenup may state that if the couple has been married for 15 years, the agreement will “disappear”, or it can dissolve when they reach a certain age. Shintz says she does not expect Bizos Sanchez’s contract to include that, as in the 1950s and sixties and have already gave birth to children.

In the event of a divorce, Sanchez is likely to be, “it is possible that he will move away from a large amount of money, but anywhere near his first wife, McKenzi,” she says. “McKenzi helped create these assets. His wealth was present a long time before he met or married Lauren Sanchez.”

Transmission

While Bizos and Sanchez calls for southern Florida to the house (a The last developmentThey have multiple houses in different judicial states, including Beverly Hills, Hawaii and New York, and they often travel on super yachts. As such, it is important that Prenup be carried, says Chinitz. Lawyers will guarantee that regardless of where they may live one day or perhaps divorce, the courts governed by the law of the place where they signed the contract.

And she says: “If they decide, for some reason, they will move to Switzerland or to France, they will keep the local lawyer there and who will formulate an identical agreement, the mirror image, to the image in which they entered before marriage.”

In addition, Prenup will have provisions for old construction, gifts, charitable work, etc.

“Jeff must have a lawyer who reviews all commercial and business and critical transactions to move forward to ensure that everything corresponds to the terms and conditions of his agreement before marriage, as well as with charitable and multi -generation activities,” says Carrger.

To death

All of this, prenups also dictates what will happen if one of the partners’ death while the couple is still happy. In this case, Chinitz expects that there will be a complex chain of boxes and other origins that pass by Bezos children, as well as Sanchez.

“It is possible that if he died, he may have created very great confidence for Lauren, assuming that they are in a sound marriage, and that confidence will distribute a large amount of money annually to cover all its expenses,” she says. “But then when you die, the beneficiaries may imagine, either they go to an institution or for its children.”

The remaining husband will also get his marital assets, including homes, investments, etc. Shintz says that additional money can also be provided to the remaining husband alive at the head of confidence and was shared jointly, to provide liquidity immediately.

In addition, there can be conditions like the remaining husband alive can remain at home (assuming that he was only held in the name of the dead husband) until his death, then passes to their children or another beneficiary.

“It is known that he is a very generous man,” she says. “She is a mixed family consisting of seven children, and I am sure that he will provide her children as well. He is not legally binding, because he is not the father, but I am sure he was a happy marriage, he will also apply to her children.”