Prenuptial agreements are not just for the super-rich and the super-famous. If you would like to protect your property, assets, or your children from a previous marriage – or if you would like to protect yourself from a spouse’s debt – signing a prenup may be a wise move before you say “I do”.
You should especially consider a prenuptial agreement if you are entering the marriage with significantly more assets than your spouse, if you own a business, if you expect to significantly increase your assets after your marriage, if you have children from a previous relationship, or if you have a nest egg.
Instead of thinking of a prenuptial agreement as a way of barring your spouse from the assets that he or she may be legally entitled to during a divorce, it is best to think of a prenup as a document that clarifies the financial rights of each spouse. It’s a chance to discuss the distribution of property in the event of a divorce before things go sour.
Do you have a question about a prenuptial agreement, a divorce, or the division of property? Contact our prenuptial agreement attorneys at Molly B. Kenny today.