Prenuptial agreements (or "prenups") are often associated with wealth, but these agreements are not just for the affluent. When prepared by our attorneys, prenuptial agreements can settle property and financial matters before marriage, so that in the unfortunate event of a future divorce, the parties' legal issues are already resolved.
Statistically, 49 marriages in 100 end in divorce. Many engaged couples are considering how their assets, debts and property should be divided in that event. While that may seem unromantic to some, others consider it to be pragmatic financial planning.
If you are considering a prenuptial agreement, it is crucial to start the discussions and preparation well in advance of the marriage ceremony. Both parties must be represented, and both must disclose their assets and liabilities truthfully and completely.
What to expect.
You will meet with one of our attorneys to discuss your earnings/earning potential, property and the reasons you want a prenuptial agreement. We will expect you to disclose to us a complete list of your assets and liabilities.
Understand your options.
After gaining an understanding of your assets and liabilities and why you are considering a prenuptial agreement, we will present you with your options and recommend a plan for accomplishing your goal(s).
Identify issues and realities.
We will be clear and direct with you regarding the issues that can and cannot be resolved by way of a prenuptial agreement. We will also discuss potential future problems that may arise and how to successfully resolve them.
Define outcomes and develop goals.
At the outset of our professional relationship, we will define your desired custody/visitation outcomes and create a plan for achieving them. As children and their needs may change over the course of the representation, we will be accessible to you throughout the process to determine what changes to the plan, if any, are necessary.
Prenuptial Agreements must be negotiated, prepared and signed prior to the marriage ceremony. Thus, timing is critical. On occasion, deeds or other documents must be prepared in conjunction with the Prenuptial Agreement.