Knowing The Risks of an “All Access” Schedule

Tom Brady and Gisele Bundchen have reportedly decided to create a co-parenting plan that some may find a bit unconventional. Instead of adhering to a “customary custody agreement,” which allocates a specific schedule for each parent to spend with their children, Tom and Gisele are reportedly taking a different approach that some professionals say, comes with a number of risks.

Celebrity Prenups: Two Celebrity Stories

Marriage certificate and rose cut with scissors

This legal document, negotiated and agreed to by both parties, can preemptively set forth how certain assets, including retirement funds, real property, executive compensation such as restricted stock units and businesses, are divided in the event of a divorce or legal separation.