Prenuptial Agreements
A prenuptial agreement is a contract that is entered into before the marriage takes place. A prenuptial agreement can dictate what will happen to your and your spouse's assets and income in the event that the marriage ends, which can preserve the nature of each of your separate property. In other words, separate property can remain separate and not be subject to community property or equitable distribution laws upon the marriage ending.
Prenuptial agreements are gaining in popularity for a variety of reasons. One reason is that individuals today are focusing on their careers at an early age and are getting married later on in their lives after they have accumulated property and financial worth. Prenuptial agreements are also entered into when one partner, who has children from a previous marriage, would like his or her separate property to go to those children.
Many prenuptial agreements are entered into simply because couples do not want the courts to dictate who gets what if the marriage should end in divorce. The frustrations of a divorce can be tremendous to say the least. The greatest problem in most divorces is deciding how to divide the property and money. A few minutes of planning upfront could save exhaustive hours, headaches, and tremendous financial hardships later on.
For whatever reason you need, LawInfo can help you create a prenuptial agreement from the convenience of your home or office. Just answer a few questions online, and we'll take care of the rest.
