Prenuptial Agreement

Prenuptial agreements, also known as antenuptial agreements, establish the property and financial rights of each spouse in the event of divorce or the death of one spouse.

While no one wants to think about divorce at the beginning of a marriage, a prenuptial agreement provides a plan for addressing property, income and financial matters in the event it does occur. A prenuptial agreement can also be used to address property in the event of death of one spouse. Similar to a prenuptial agreement, a couple who is already married may choose to enter into a postnuptial agreement for the same purposes.

Contact Jennifer Nixon to learn more, and continue reading about what prenuptial agreements can do.

What Prenuptial Agreements Can Do

There are some things prenuptial agreements can’t do, such as set terms for custody or child support. Things prenuptial agreements can do include:

  • protect one spouse from the other’s debts;
  • keep family property in the family (i.e. heirlooms, businesses, etc.);
  • protect your estate plan;
  • define property or spousal support upon divorce or death;
  • keep business interests separate;
  • protect retirement benefits;
  • protect certain types of income;
  • decide how conflicts may be handled, such as by mediation or arbitration; among others.

What Prenuptial Agreements Can’t Do

Things prenuptial agreements can’t do include:

  • dictate future child support and child custody issues;
  • offer an incentive for divorce;
  • enforce personal, rather than financial, matters (i.e. who will cook, where to spend holidays, etc.); and more.

What About A Postnuptial Agreement?

Postnuptial agreements are very similar to prenuptial agreements, but they can only be entered into after a couple is married.

They can set out the same items as a prenuptial agreement, but in order to be valid, both parties must be represented by an attorney. Also, if either spouse begins divorce proceedings within two years after it is signed, it is automatically considered unenforceable unless it can be shown that it is fair.

Contact An Attorney For Prenuptial Agreement Help Today

Jennifer Nixon establishes close working relationships with clients, resulting in strong and effective representation characterized by caring and understanding.

If you are in need of a lawyer for a prenuptial agreement, please contact Jennifer Nixon to schedule an appointment.

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