{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fe8895031-c19d-42f0-91ec-32a5f89a329d","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Wealth Litigated - EP 102: How Bunny Mellon's Grandson Bet His Fortune on Fidelity","description":"When a wealth manager inherited over $10 million from his grandmother, pharmaceutical heiress Bunny Mellon, he made a series of decisions that would cost him everything. After his wife discovered a first affair, he agreed to a postnuptial agreement featuring a $7 million \"bad boy clause\"\u2014and he personally increased the penalty from $5 million to $7 million to prove his commitment. He signed it against legal advice from two attorneys.\nThen he had a second affair.\nIn this episode, we analyze the landmark Maryland Supreme Court case Lloyd v. Lloyd (2023), where three courts wrestled with whether a $7 million adultery penalty in a postnuptial agreement was enforceable. The husband argued it was an illegal penalty, financially unconscionable, and against public policy. The wife argued it was a freely negotiated lump-sum asset division.\nYou'll discover:\nWhy liquidated damages don't apply to marital agreements\nHow transmuting inherited wealth creates massive vulnerability \nThe enforceability of conduct-based penalties in postnuptial agreements\nWhat happened when Maryland switched from fault to no-fault divorce during the appeal\nCritical wealth protection lessons for high-net-worth clients\nCases analyzed: Lloyd v. Lloyd (MD 2023), McGeehan v. McGeehan (MD 2017), Laudig v. Laudig (PA 1993)\nFull transcript & case citations: WealthLitigated.com\n\nHosted by Professor Kelly Lise Murray, JD | Retired Vanderbilt Law faculty | Illinois licensed attorney specializing in asset protection and wealth preservation\n\ud83d\udce7 Submit cases: WealthLitigated.com/questions\n\u2b50 Rate & Subscribe for weekly litigation intelligence\nDisclaimer: For informational and educational purposes only. No attorney-client relationship is formed. Not legal, tax, or financial advice. Consult qualified professionals in your jurisdiction for your situation.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/4b1a4c76-f69a-4ed8-90e8-e6c6ab5cc0b4/593b1550-c166-11f0-b082-c3cf47f5b59b.jpg"}