Pre-nuptial and Post-nuptial Agreements
The most effective form of asset protection occurs prior to entering into a marriage. While most people go into marriage expecting it to last, the reality is that the unexpected pressures of life can often lead to irreconcilable differences resulting in the termination of marriage. A Prenuptial Agreement is a legal contract entered into by two persons in anticipation of marriage to establish clear rules as to how the couple will handle and distribute money, earnings, bills, property and other assets at the time of divorce. A prenuptial agreement can protect assets and protect the futures of both parties by establishing expectations, rights and obligations. As with any contract, a premarital agreement can start an important, healthy discussion about finances and responsibilities and save heartache and hassles in the long run.
If you are already married, and have decided to pursue a similar agreement that sets forth the division of property should you divorce down the road, then ask us about Post-nuptial Agreements. Even if you are married it’s not too late to protect your property, assets and future.