Including social media clause in prenuptial agreement
Prenuptial agreements are known to protect a spouse’s assets in case of divorce in the future. These assets generally include retirement accounts and properties. Alabama spouses may not be aware that they can also include a social media content clause in a prenuptial agreement. This clause dictates what Alabama spouses are allowed to share online.
This may not seem like a big deal at first, but posting certain photos online can be embarrassing and hurtful to another person. Many couples are jumping on the bandwagon to make special provisions in the prenups about social media sharing. Social media prenups state that spouses are not allowed to share suggestive or humiliating photos online to hurt the other spouse’s standing.
In New York, spouses who make less than $5 million per year may issue a fine to the other spouse of $50,000 per incident. Dominant social media sites such as Facebook and Twitter have millions of people who use their sites. Due to this, inappropriate content can have a heavy impact on someone else’s reputation.
A prenuptial agreement can offer a wide variety of protection to spouses. Usually, these safeguards include finances and other assets such as vehicles. Throughout the years, social media clauses have apparently become a popular tool to include in prenups to prevent the other spouse from posting embarrassing photos that could potentially harm one’s reputation in his or her personal and business lives. Alabama spouses may want to gain a thorough understanding of relevant laws to create legally binding agreements.
Source: skyword.com, “NYC Couples Use Prenups to Put Stop to Social Media Content Drama”, Ted Karczewski, June 16, 2014