PRENUPTIAL AGREEMENTS

PRENUPTIAL AGREEMENTS

A premarital or prenuptial agreement is sometimes cynically  referred to as a “blueprint for divorce.” Instead, a prenuptial agreement is one of the most practical agreements you and your fiancé can enter into. With money and financial issues being a major cause of divorce, engaged couples who enter into premarital agreements actually take a positive step toward preventing future financial issues from arising. At its elemental level, a premarital agreement puts “everything on the table,” and establishes rules for the management of assets and property. Through the process of creating a premarital agreement, couples begin discussing monetary issues in a comfortable, non-threatening manner, which can ultimately strengthen a marriage. We help clients draft a prenuptial agreement both parties are satisfied with and understand. In our consultation, we ask couples to consider their previous marital history, property, assets and debt that they bring to the marriage. The Agreements establish rules, specifying what happens to investment earnings, each spouses’ earnings, how taxes will be handled, what will happen in the event of a spouse’s death, and other relevant issues.