A well-crafted prenuptial agreement offers you a simple way to determine the allocation of your premarital assets in the event of a divorce.
While no one goes into a marriage assuming it will end in divorce, prenuptial agreements can be as essential as planning the wedding itself. A prenuptial agreement allows you to protect your premarital assets, determine how your marital assets may be treated by the court, and protect your assets for the benefit of your children from prior relationships.
A prenuptial agreement can determine the rights of the spouse in the event of divorce, death, or both. To be determined valid, a prenuptial agreement must be entered into without fraud or duress, with full disclosure of all assets and liabilities, and if both had a meaningful opportunity to obtain counsel.
If you are about to marry and are considering the merits of a prenuptial agreement and how it can work for you, contact contact Julia L. Leveridge.