Getting married? Congratulations! We wish you and your betrothed the happily-ever-after you’ve always hoped for.
Many of our clients who are planning a wedding have experienced the stress and uncertainty of a previous divorce, or witnessed a loved one go through a very difficult break-up. And so they ask us about prenuptial agreements.
What are prenuptial agreements?
Sometimes called antenuptial agreements, these are contracts two people sign before they get married. They typically list all of the property each one owns, and their debts, and specify what each person’s property rights will be after they tie the knot. Or have to untie it.
Do you need one? Maybe.
– Is this a 2nd marriage for either of you where there are children from a first marriage? Does one of them have special needs?
– Are one or both partners bringing significant wealth – like a family business or a house – with them?
– Do you have substantial assets you want to protect from your spouse’s creditors?
– Do you want to avoid long delays and large legal bills if the marriage fails?
If you’ve answered yes to any of these, a pre-nuptial agreement may be a good idea. It’s an awkward subject but it’s more awkward if you wait until the last minute.
Our family-law attorneys would be happy to talk with you about it.