Tag Archives: agreement

Bank accounts and brokerage accounts are not the same in a premarital agreement

Dictionaries generally define "bank" as a financial establishment for the deposit, loan, exchange, or issue of money and for the transmission of funds. In contrast, "broker" is defined as an agent who acts as an intermediary or negotiator, especially between prospective buyers and sellers; a person employed to make bargains and contracts between other persons in matters of trade, commerce, or navigation. According to the Houston Court, these definitions illustrate that banks and brokers are distinguishable, particularly with respect to the scope of their respective services; banks tend to offer a broader spectrum of financial services than brokerage firms.… Continue Reading

Prenup Bump — Is Tiger Woods Changing Minds About Them?

Tiger Woods recent marital problem highlights the need for premarital agreements sometimes called prenuptial agreements. There's been speculation that Tiger Woods and his wife may have reached an agreement to stay married and avoid divorce -- which in Texas is called a postnuptial agreement. The gritty details of actor Dennis Hopper's and golf aces Tiger Woods' and Greg Norman's prenups have all been hot topics on the internet.… Continue Reading
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