Do You Need a Confidentiality Agreement in a Divorce?
There are always many emotions to deal with when facing a divorce. In many cases, one or both spouses can feel embarrassment, shame, and even guilt as a result of a failed marriage. For these reasons, as well as simple privacy, many couples choose to include a confidentiality agreement as part of their divorce. Your DiBella Law Offices, P.C. attorney can draft this agreement for you to ensure that your divorce will remain a private matter between you and your ex-spouse. Call our Boston office at (617) 870-0907 for a free consultation.
What Is A Confidentiality Agreement?
A confidentiality agreement can be a part of a divorce, as long as both spouses agree to sign this legally-binding document. Normally this agreement is deemed necessary to protect all of the information disclosed in the mediation and negotiation portions of the divorce process. This is a legal means of ensuring that none of the parties involved uses this information to harm the reputation of the other spouse, or discloses financial information to the public. In the event that one of the parties involved breaks the confidentiality agreement, there is usually a financial repercussion or other forms of punishment, which can include jail time.
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Why Consider A Confidentiality Agreement?
In most cases, a confidentiality agreement is a part of a high-profile divorce, such as one involving a well-known athlete, entertainer, or politician. But they are also used protect business relationships, business investments, personal issues, and personal or marital misbehavior which could damage the image of one or both of the parties getting divorced. In other cases, the spouses agree that the terms of the divorce are a very private and personal matter which they wish to remain private. Other couples choose a confidentiality agreement to protect information that involves their children, such as custody arrangements or child support. In essence, there are as many unique reasons to add a confidentiality agreement to a divorce settlement as there are couples getting divorced.
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What Does A Confidentiality Agreement Include?
The confidentiality agreement can protect information that was contained in any prenuptial agreement, and the information contained in the divorce decree. In addition, the agreement can be structured to also include any discussions or negotiations that occur after the divorce, but pertain to the divorce, the division of marital assets, or custody and support matters.
Consider Your Future
Any divorce has the potential to get ugly and include tabloid-worthy comments, photos, and stunts. Emotions can get the best of anyone, and with social media so readily available, it is easy to lash out or make comments that will live forever on the Internet. No one wants to strive to rebuild his or her life with accusations or embarrassing personal information following them. All of that can be avoided simply by asking your lawyer to include a confidentiality agreement in your divorce documents.
Not only does this document provide you with privacy, but it is also very helpful in protecting your young children from details and information that could be confusing or even painful to them. They do not need to be aware that there is a dollar value placed on their care, or that a parent is legally required to spend a specific amount of time with them each week, but only in a supervised environment. This adult information can be sealed so that your children never overhear adults discussing the most private details of your family life.
To understand the entire process of a divorce and the legal matters that will follow your family for many years, turn to the DiBella Law Offices, P.C. Our Boston divorce lawyers have nearly two decades of experience guiding families just like yours through the initial divorce process and then on through modifications as life situations change or evolve. Call (617) 870-0907 today to schedule a free consultation.