When a couple decides it is time to take the next step and get married, the last thing they are thinking of is the possibility of divorce. As unfortunate as it is, over fifty percent of marriages today end in divorce. With that in mind, it may be smart to consider drafting a prenuptial agreement in order to make sure everything you’ve worked so hard for up until this point is protected. Prenuptial agreements have unfortunate social stigmas that are simply not true. For one thing, having a prenuptial agreement does not mean that the couple is destined for divorce. Another common misconception about prenuptial agreements is that they are reserved only for the very wealthy. Any person with any amount of assets is eligible to create a prenuptial agreement.
There are a few factors that are required in order to make sure your prenuptial agreement is valid. First, the agreement must be in writing and notarized. It must include a full financial disclosure of both parties. The terms of the agreement must be fair and just and both parties must voluntarily sign it. Finally, it must be executed prior to the time in which the couple is married. If you wish to create a similar agreement but are already married, you have the option to draft a postnuptial agreement.
If you need legal assistance with a prenuptial agreement, contact our firm today.
Before taking action, it is important to discuss your legal matter with an experienced attorney. Contact The Radol Law Firm to discuss any divorce and family law matters you may be faced with.