Prenup primer

These days, Hollywood is buzzing from some high-profile divorces. [Last November], Britney Spears filed for divorce from her two-year marriage to Kevin Federline, whose nickname has gone from "K-Fed" to "Fed-Ex." On the heels of that news, a day later, actors Reese Witherspoon and Ryan Phillippe also filed for divorce.

The difference between the two: Witherspoon did not have a prenuptial agreement, and Phillippe will likely have a claim to a substantial portion of her $60 million estimated net worth. The estimated $29 million in earnings from her next film may also be at stake — her ex could get half.

But Spears did have a prenuptial agreement. In fact, it was a 60-page agreement that protects most of her estimated $100 million fortune. Britney could get away with paying Federline a measly $300,000, which he says he is owed, plus $30,000 a month for half the number of years they were married, which would amount to one year. That’s pocket change for Britney. He is also contesting "communal property," but Britney and her lawyers are claiming that there isn’t any.

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