When people marry, they do so with the expectation that they will spend the rest of their lives together. However, as time passes and people change, many couples come to realize that they are no longer compatible. Because of this possibility, some people in New Hampshire create a prenuptial agreement in order to avoid the possibility of a contentious high asset divorce. However, the wife of Zynga founder Mark Pincus is seeking to invalidate their prenuptial agreement as part of their divorce proceedings.
According to reports, Pincus and Alison Gelb Pincus have been married for nine years and have three children together. However, Gelb Pincus recently filed for divorce, citing irreconcilable differences. As part of her filings, she is asking that their prenuptial agreement be invalidated and, presumably, that Pincus pay her legal expenses.
Reports indicate that Pincus launched Zynga the year before he married Gelb Pincus. While he was wealthy at the time of his marriage, the value of Zynga expanded significantly over the next four years. Reports estimate his worth at $1.28 billion. Sources say that Gelb Pincus is questioning their prenup due to the significant increase in her estranged husband’s worth. Court papers indicate that Pincus is unwilling to pay her attorney fees.
A prenuptial agreement can play a valuable role, especially in the event of a high asset divorce. However, many such agreements could require updating if, for example, there is a significant change in a person’s financial status. An attorney with experience can help those in New Hampshire better understand how to take measures to protect themselves in the event of a divorce.
Source: pagesix.com, “Zynga billionaire Mark Pincus embroiled in big-money divorce“, Emily Smith, March 30, 2017