The Ponte Vedra Recorder Nov. 12, 2015 | Page 30

30 Who’s Who In Law Ponte Vedra Recorder · November 12, 2015 Can celebrity split-ups teach us legal lessons? From prenuptial agreements to other divorce issues, asset protection attorney explains how to get it right There’s never a shortage of notable divorces, and outlets like TMZ are never dry on the topic. Top-tier actors, athletes, business titans and their spouses are fodder for a public suffering their own breakup or divorce issues. Even during their lowest moments, these folks serve as entertainers – as a way for the rest of us to escape our own lives. But we also can learn something from our heroes, says attorney Hillel Presser, of the Presser Law Firm, P.A., whose firm specializes in comprehensive asset protection. “Whether you rejoice in seeing how the mighty have fallen or you truly empathize with their pain, celebrity divorces remind us of at least one thing: it can happen to us,” says Presser, author SB-250 of “Financial Self Defense” (www.assetprotectionattorneys.com). “Divorce can happen to anyone. While you may not suffer the same kind of public humiliation as a public figure, it’s still very painful – and, it can cost you your life’s work in assets.” Presser details how to cover the basics in case the unthinkable happens to you. • Insist on a pre-marriage agreement. This is a written contract between intended spouses. It specifies how their property and income will be divided in divorce. Pre-marriage agreements – or premarital, prenuptial or ante-nuptial agreements – aren’t only for the wealthy. Every couple could use one. It’s their most efficient, equitable way to settle matters in advance of a future divorce. Pre-marriage agreements resolve many issues less easily reconciled by divorce courts. • Write a post-nuptial agreement even if you’re married. Most states allow for these post-nuptial agreements. Married spouses may want to contractually agree on how they’ll divide their assets should they later divorce. As For more information Narrowing the gaps CDC Breastfeeding http://www.cdc.gov/ breastfeeding/ Executive Summary of U.S. Surgeon General’s Call to Action to Support Breastfeeding http:// www.sur geongeneral.gov/library/calls/ breastfeeding/executivesummary.pdfhttp:// www.surgeongeneral.gov/library/calls/ breastfeeding/executivesummary.pdf Breastfeeding Law Organization http:// breastfeedinglaw.com/state-laws/florida/ Florida Breastfeeding Coalition http://www. flbreastfeeding.org/legislation.htm  Florida Department of Health Breastfeeding http://www.floridahealth.gov/programs-andservices/childrens-health/breastfeeding/ index.html Florida Department of Health Breastfeeding Support http://hillsborough.floridahealth.gov/ programs-and-services/clinical-nutritionservices/wic-nutrition/brestfeeding-program. html Despite negative press, the FBC received multiple requests to provide additional support and information regarding the time sharing needs of exclusively breastfed children. In one instance, an attorney in the Pensacola area asked the FBC to recommend an expert in the field of lactation to serve as an expert witness at a court hearing in a 50/50 custody dispute that resulted in a favorable outcome for the breastfeeding dyad. While favorable, questions presented by opposing counsel and the judge alluded to having to make a choice between breastfeeding and spending time with the father. In response to such lines of questioning, the expert witness continued to emphasize the importance of sustaining current recommendations backed by the Center for Disease Control, American Academy of Pediatrics and the World Health Organization. Notably, she testified that it was not a matter of choosing sides – but a matter in which time-sharing would require special considerations. In addition to emphasizing the importance of special time-sharing considerations, the expert discouraged extended periods of separation with limited overnight stays for up to 12 months of age and commented that mothers have a hard enough time keeping up with demand of the average work day, let alone a 7 day separation – agreeing that Continued from 27 Health System - The U.S. Surgeon General. Benefits of exclusive breastfeeding go beyond mere nutrition. Breastfeeding reduces expenditures associated with health related incidences preventable by breastfeeding, enhances maternal-child bonding and reduces risks of breast and ovarian cancers, obesity and communicable disease. A 50/50 mandate reduces the capacity of mothers to sustain long term health benefits of breastfeeding for infants, children and the mothers themselves. with pre-marriage agreements, the enforceability of the post-nuptial agreement requires the agreement to be fair; that both spouses fully understand the agreement; that neither party defrauded the other; and that each party had independent legal counsel. • Don’t cohabit without a cohabitation agreement. Many couples now live together without marriage. Some want to test their relationship before they marry. Seniors live together because marriage would disqualify Social Security or pension benefits. Others want to avoid the financial responsibility of marriage, or they don’t want to commit to the care of an ill partner. More than a few want to avoid the legal and financial complications from marriage – particularly when one party has substantially more wealth. • Divorce-proof your assets with an international trust. A spouse can put his or her assets beyond the reach of the divorce court with an international asset protection trust. Those anticipating a divorce can shelter their assets in offshore asset protection trusts. They must disclose the trust assets to the divorce court, but the court cannot recover or divide these assets. However, such maneuvers do not ensure victory. Divorce courts can award the victimized spouse more U.S.-based assets to compensate for the trustshielded assets. Or, compensation may be awarded via alimony or support. But such asset protection is useful for those with few remaining assets in the U.S. and one’s income is too small for the court to score through an excessive alimony award. “pump and freeze” is not the solution. Likewise, public comment in response to the FBC’s article published in the Palm Beach Post referenced the illogical nature of the “pump and freeze” solution by highlighting the following concerns involving the breastfeeding mother and child regarding 50/50 time sharing: A child may refuse a bottle and take nothing else other than the breast that could raise concerns for malnutrition or excessive stress and crying. Introducing a bottle could jeopardize breastfeeding because nipples differ Some women find it uncomfortable to pump or do not have the resources to pump Children are unpredictable – what happens when the frozen breast milk runs out for an exclusively breastfed child? Would the breastfeeding parent have to make themselves available based on the other parent’s time-sharing demand? SB 250. Mothers who choose to breastfeed should not be penalized under the court of law. Special consideration should be given in these cases.” Ms. Quick believes the court system must focus on the best interest of the child for both nutritional and psychological reasons. This mandate holds true for mothers as well. Ms. Quick stated, “A pump and freeze solution places unnecessary stress on the mother and child during the early years of life. A better alternative must be sought.” The Quick Law Group Weighs In The Quick Law Group, Divorce and Family Law for Women, have been working to address the 50/50 time share laws. CEO and Managing Attorney Heather Quick, champion for women’s family law rights, believes each case should not receive a cookie cutter formula. While there are exceptions to this law in place, breastfeeding is not one of them. According to Ms. Quick, “Breastfed children need to be exempt from About Hillel L. Presser, Esq., MBA Hillel L. Presser’s firm, The Presser Law Firm, P.A., represents individuals and businesses in establishing comprehensive asset protection plans. He is a graduate of Syracuse University’s School of Management and Nova Southeastern University’s law school, and formerly served on Nova’s President’s Advisory Council. He is a former adjunct faculty member for law at Lynn University. Complimentary copies of his book “Financial Self-Defense” are available through www.assetprotectionattorneys. com. Alternative Solutions While infant feeding methods are a matter of personal choice, mothers who choose to comply with exclusive breastfeeding recommendations should not be penalized for doing so and deserve special considerations for time sharing until the infant self-weans from the breast. Pump and freeze is not the solution! Better alternatives should be explored for the best interest of the child. Suggestions include: 1) opposing mandated 50/50 time sharing, 2) exempt breastfeeding mothers from legislation like SB 250, 3) fund research aimed to study the burden of 50/50 mandated family law reform on children and their families, and 4) form a multidisciplinary task force that includes specialist in law, psychology, social work, pediatrics, lactation, economics and infant mental health to address the needs of divorce and family law.