Providing peace of mind for you and your loved ones
When two people decide to get married, they unite nearly every facet of their lives and forming a legal partnership. While no couple wants to think about divorce before they are even married, it can be beneficial for both spouses to determine certain legal matters in the event the marriage does end. Setting these decisions down in a prenuptial or postnuptial agreement provides spouses with a sense of security and help avoid contentious disputes during divorce.
We can help you create a valid, enforceable marital agreement that addresses these issues while protecting your rights and financial security.
Benefits Of Marital Agreements
Before getting married, spouses can enter into a prenuptial agreement, or they may decide to execute a postnuptial agreement if they are already married. These are legal contracts acknowledging the handling of issues in the case of divorce. These issues may include the division of assets and debts and whether one party will pay spousal maintenance to the other.
Prenuptial or postnuptial agreements can be beneficial in marriages involving:
- High net worth – A spouse who earns a considerable income or owns valuable assets may wish to safeguard their property from division during a divorce or spouses may wish specify the amount of spousal support that one spouse will pay to the other. A prenuptial agreement can protect a spouse when they are getting married, or a postnuptial can provide protection for assets acquired during the marriage.
- Significant debt – A prenuptial agreement can ensure a spouse will not be responsible for repayment of the other spouses large debt. When married, if spouse decides to make a risky investment, a postnuptial agreement will ensure that the family’s other assets are not negatively affected by this decision.
- Business ownership – A spouse who owns a business before marriage may wish to protect their interests in this business through a prenuptial agreement. If spouses, together or separately, build or acquire a new business during their marriage; a postnuptial agreement specifies how to resolve ownership of this business during divorce.
- Blended families – A spouse who has children from a prior relationship wants to ensure that their children will have the financial resources they need following the parent’s divorce or death. A prenuptial agreement can ensure that certain assets are set aside for their children.
Contact Us Today To Discuss How We Can Help You Achieve Peace Of Mind
Prenuptial and postnuptial agreements can be uncomfortable to discuss, but they can provide spouses with essential protections. However, in order to be enforceable during divorce cases, both parties must agree to them voluntarily, and spouses must fully disclose their finances to each other or waive their right to receive financial disclosure.
Contact us today to discuss how we can help.