A FAMILY LAW ATTORNEY & GENERAL PRACTICE LAW FIRM
A premarital agreement, also known as a prenuptial agreement or colloquially as a prenup, is a contract that two people sign just before they marry each other. These prenuptial agreements can cover a whole host of legal issues that can arise, should the marriage ever end in either divorce or death. Among the most important things that a premarital agreement covers are issues relating to the division of property, in the case of a divorce. Because of this, premarital agreements are very helpful for wealthy individuals who want to protect their assets before making the commitment to someone else and tying the knot with them.However, this is not the only benefit of having a prenuptial agreement drawn up and signed before agreeing to marry your future spouse. The three most important benefits of having a premarital agreement are:
- Prenuptial agreements help you protect your pre-marital property,
- Prenuptial agreements protect your children,
- Prenuptial agreements reduce the strain of your marriage by creating certainty and reducing conflict.
Having a prenup lawyer on hand to help can make a huge difference.
The most widely known benefit of a prenuptial agreement is that it can be used to list the property that you already own, before the marriage has begun. This prevents that property from being confused for marital property, which must be divided equitably between you and your future spouse, should you ever decide to part ways in a divorce.
While property protection is the main reason why many people pursue a prenuptial agreement before getting married, prenups can also be used to protect your existing children, as well. If either you or your future spouse is going into the marriage with children from a prior relationship, a premarital agreement can be used to ensure that your property stays within your own family, should a divorce ever occur. Otherwise, you could see your property get split in the divorce and then end up in the hands of your future spouse’s children from a prior marriage.
Lastly, prenuptial agreements provide finality. By agreeing on legal issues before the marriage ever begins, both you and your spouse know and understand what will happen, should you ever consider divorcing. The mental certainty that this provides can strengthen your relationship as you both can rest easily, and without the uncertainty of not knowing what will happen, should you ever decide to separate.
Prenup Lawyer Serving Bucks Montgomery County & Philadelphia
If you need a Prenup lawyer for your prenuptial agreement, contact us today.CONTACT US