Plan for the Future with a Prenuptial Agreements Attorney
What Is A Premarital Agreement?
A premarital agreement, also known as a prenuptial agreement, allows parties who are contemplating marriage to set out in advance how their property will be divided in the event of a divorce, separation or death. Premarital agreements can also state whether spousal support will be paid on divorce, and can dictate terms related to the making of a will or trust, or ownership rights and disposition of death benefits from life insurance policies. Items which may be subject to a premarital agreement are extremely broad and include any matter not in violation of law or public policy, except that the right to receive child support may not be adversely affected. Unlike postnuptial agreements, which are entered into after a couple has wed, these types of agreements are drafted and signed before marriage.
In order to be valid, a premarital agreement must be in writing and signed by both parties. In addition, the agreement must be agreed to voluntarily and based on a full and fair disclosure of the assets and debts of both parties. Parties must either be represented by independent legal counsel or have the opportunity to have the agreement reviewed by a lawyer prior to signing.
A prenuptial agreements attorney at Rombro & Associates can provide the right legal guidance that can safeguard your future.
Advantages Of Premarital Agreements
Premarital agreements are not uncommon in situations where one of the spouses has been married before or has disproportionately more property or earnings than the other spouse. These agreements can eliminate much of the uncertainty and stress surrounding dissolution of a marriage, and allow the parties to enter into marriage with greater peace of mind.
It is important that a premarital agreement be drafted properly to realize the parties' wishes and avoid challenges later on. If you need assistance drafting a premarital agreement or challenging one that was not drafted properly, contact a prenuptial agreements attorney at Rombro & Associates for a consultation.
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