By Allison Monyei on Jul 13th 2010 5:02PM
Filed under: Celebrity News, News
Agreements, agreements, agreements. Anybody can make an agreement with someone else for just about anything. Let's take Mel Gibson's former girlfriend and baby mama Oksana Grigorieva for example. She signed away her ability to claim any of Mel Gibson's fortune in a cohabitation agreement, although the agreement made provisions for their eight-month old daughter, Lucia.
According to
PopEater (as originally reported by
Radar Online): "Mel Gibson's erstwhile lady Oksana Grigorieva 'signed a cohabitation agreement that locked her out of securing a slice of the Oscar-winning director/actor's billion-dollar fortune.'"
Cohabitation agreements essentially function like prenuptial agreements, except that they apply to couples that are only living together. One would think that agreements like these would be more common, but many people have never heard of cohabitation agreements and fail to take advantage of them.
If you're shacking up with someone, it may be in your best interest to have a cohabitation agreement to protect your assets, unless you live in a state that recognizes common law marriages. Many times, people cohabit for years and acquire things that later need to be divided if the couple splits. While there are procedures in place to assist a married couple in dividing assets upon the dissolution of a marriage, no such remedy exists for those who were just living together. Couples ending a deep partnership outside of marriage are thus left to their own devices (or vices) when a relationship ends, which frequently includes going to court.
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A cohabitation agreement can help a non-married couple split their co-mingled assets more equitably. A good cohabitation agreement can work in your best interests, especially if you have a lot to lose (as Mel Gibson does). Plans to end the relationship as fairly as it began or determining how to support children from the union are only some of the provisions that may be included in a cohabitation agreement. But all agreements are not created equal as each is designed to focus on the relationship at hand. If asked to sign a cohabitation agreement, make sure to be your own best advocate. Always read such documents completely and seek legal counsel if you feel the need to.
Poor Oksana failed to heed this lesson. Just because you have a multimillionaire's child does not mean that you hit the jackpot and will be taken care of for life -- and Oksana
reportedly put her own career on hold to bear his child. Now her indepdent means of earning income are stalled. The life of a single mother is hard with or without millions, but it's especially hard without money of your own. Grigorieva claims that the agreement was never finalized and that she signed a draft of the agreement under duress. Now she is living on credit cards and borrowed money. If Oksana's allegations are true, that is really unfortunate -- but it looks like Mel Gibson has a shrewd team of attorneys and financial advisors around him.
Comments: (7)
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By: OOOZZZZZ on 7/13/2010 8:23PM
No suprise here.
Rich White men who date White Russian women specifically seek them out and know that they are two things: extremely desperate and dumb as a bag of hammers.
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By: WriteLoudly on 7/13/2010 9:03PM
This reeks of a set-up. Just check out her video "Evening with Daddy" it screams Russian gold digger.
Extortion? No question.
Come on…leaked tapes? Made by the girlfriend?
Please a dishonest, money-hungry Russian, not a stretch.
Hello Russian Brides from Moscow ring a bell, these chicks train for this. She’s not walking away without a payday!
Guys like Mel, too easy a target, like shooting ducks in a barrel.
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By: . on 7/14/2010 7:08AM
Score one for the male gender...lol.
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By: linda on 7/14/2010 10:13AM
Alright Mel, on protecting your assets. Even things were spoken and peoples decided to make the remarks racial,and take them out of contents, hung in there. There are some peoples who can read between the lines. luv u
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By: mikey on 7/14/2010 11:02AM
yes there are PEOPLE that can read between the lines, but you need to learn how to spell
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By: wickedthtz on 7/14/2010 6:28PM
dont bother throwing her a pity party.She got just what she deserve.She mess with another womans husband now all she have nothing to show for it but a baby...well? she can get child support?
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By: Ben Bentz on 7/14/2010 8:05PM
Please send Oksana to me. I will take care of her and your baby and I will not make her sign a cohabitation agreement.
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