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A prenuptial agreement can save your assets in a divorce

When couples get married, of course, they never hope to divorce. Nevertheless, as many Rhode Island residents know, divorce happens. When it does, it is important that you protect your rights. One way to do this is through a prenuptial agreement.

A prenuptial agreement allows individuals to shield their financial interests before entering a marriage. However, it is not uncommon for a prenuptial agreement to be in dispute during a divorce.

That is what happened to "American Idol" contestant winner Ruben Studdard. Luckily, he prepared for the worst when he got married. Now, sources credit the singer's strong prenuptial agreement for his smooth transition from married life to singlehood.

Studdard filed for divorce last autumn from his wife, Surata Zuri McCants. The performer cited irreconcilable differences in his petition, and the divorce was complete by January 2012.

At first, Zuri attempted to invalidate the prenuptial agreement, indicating that Studdard unjustly pressured her into signing it. Nevertheless, a judge upheld the contract, which gave practically nothing to Zuri in the divorce.

In accordance with the agreement, Studdard was not ordered to pay spousal support. Furthermore, he gets to keep their home and all of his belongings. The singer's former wife also had to return her engagement ring.

Ultimately, Zuri came out of the divorce with her wedding dress, her photo albums, a 2006 BMW, a $10,000 property settlement and $2,000 for attorney's fees. However, between the couple, that was not very much. As a result, this story presents a good lesson -- get a prenuptial agreement if you need to protect your assets.

Source: TMZ, "Ruben Studdard divorces like a champ with ironclad prenup," April 8, 2012

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