PLEASE NOTE: Johnson, Johnson & Nolan will remain open and available to serve you during the COVID-19 crisis. We are offering our clients the ability to meet with us in person, via Telephone or Video Conference. Please call our office to discuss your options.

Five Generations Of Legal Excellence - One Client At A Time
Divorce
Family Law
Estate Planning
Probate And Estate
Administration
Business Law

Prenuptial agreement considerations

| Oct 22, 2014 | Family Law |

At Johnson & Johnson, Attorneys at Law, we fully understand and appreciate that you and your fiancé want to have a solid and positive start to your marriage. One of the ways that you and your partner can help to ensure that your individual and collective needs are fully accounted for during your marriage is to establish a reasonable and fair prenuptial agreement.

When considering whether or not to establish a prenuptial contract between you and your future spouse, it’s important to keep several key points in mind. For one thing, it’s worth noting that you and your fiancé would both actively participate in the process of developing the prenup. Prenuptial contracts are intended to protect the rights of both parties, and therefore cannot be fully effective unless they accurately represent both spouses. Another thing to keep in mind is that any prenuptial agreement developed between you and your fiancé could not be enforced unless it was considered reasonable under the law. Many couples are reassured by the prenup process once they understand that such contracts are not designed to automatically favor one party over the other.

Once you and your fiancé are comfortable with the idea of establishing a prenuptial agreement for your marriage, it’s time to think about some of the more technical aspects of the process. Developing a prenup is very similar to creating a will in the sense that a prenuptial contract outlines financial arrangements to prevent potential legal issues in the future. For instance, you and your partner can account for your kids’ inheritance, outline property division details and even identify which of you is liable for paying off specific communal debts in the event of divorce.

To learn more about prenuptial agreements and other family law topics, visit our webpage today.

Categories

Archives