A prenuptial agreement is a legal contract between two individuals who are getting ready to marry. The agreement details what will happen if the couple divorces or if one of the parties to the marriage dies. The main purpose of the agreement is to identify the assets of each individual and explain how those assets will be divided if the marriage ends.
Prenuptial agreements can also decide alimony and support.
When Prenuptial Agreements are a Good Idea
Young couples without any real assets normally do not require a prenuptial agreement. In many other cases, though, couples may consider a prenuptial agreement if one or more of the following conditions exist:
The Disadvantages of Prenuptial Agreements
Many couples think that prenuptial agreements are not romantic. They worry that thinking about divorce before the marriage even starts is a recipe for a failed marriage. Couples want to be concentrating on the love and emotion that is needed to make a marriage grow, not the possibility of divorce.
Florida divorce and family laws may already provide enough protection. A Boca Raton divorce lawyer can explain the property division laws in Florida. Florida distinguishes between non-marital property and marital property. Generally, each party to the marriage can keep non-marital property while marital property has to be divided equitably. This means that many of the assets the partners want to keep after the marriage may already be protected without the need for a prenuptial agreement.
Defenses to a Prenuptial Agreement
Even when a couple enters into a prenuptial contract, the agreement may not be valid. There are some ways an experienced Boca Raton prenuptial lawyer can disprove the legitimacy of a prenuptial agreement.
Some pre-marriage agreements have a sunset clause that holds that the contract ceases to control the marriage if the marriage endures for more than 5 or 10 years or on the birth of a child or when the child reaches a certain age, for example.
Talk to a Caring Boca Raton Prenuptial Lawyer Before You Sign Any Prenuptial Contracts
Spouses who are asked to sign a prenuptial agreement should be counseled by experienced family law attorneys. Partners who have substantial assets or unique concerns can benefit from a prenuptial agreement. Experienced family law attorneys explore the entire financial picture of both parties before providing any legal counsel. Proper counsel understands the balances between romance and financial security. If a spouse signed a prenuptial agreement, there may be ways to invalidate or negotiate the terms. Make the call to a Boca Raton family lawyer today.
Prenuptial agreements can also decide alimony and support.
When Prenuptial Agreements are a Good Idea
Young couples without any real assets normally do not require a prenuptial agreement. In many other cases, though, couples may consider a prenuptial agreement if one or more of the following conditions exist:
- One person has much greater wealth than the other.
- One person has a much greater ability to earn an income than the other.
- One member of the couple owns a business.
- There are children from a prior marriage or relationship.
- Someone in the family of one of the members has special needs or health conditions.
The Disadvantages of Prenuptial Agreements
Many couples think that prenuptial agreements are not romantic. They worry that thinking about divorce before the marriage even starts is a recipe for a failed marriage. Couples want to be concentrating on the love and emotion that is needed to make a marriage grow, not the possibility of divorce.
Florida divorce and family laws may already provide enough protection. A Boca Raton divorce lawyer can explain the property division laws in Florida. Florida distinguishes between non-marital property and marital property. Generally, each party to the marriage can keep non-marital property while marital property has to be divided equitably. This means that many of the assets the partners want to keep after the marriage may already be protected without the need for a prenuptial agreement.
Defenses to a Prenuptial Agreement
Even when a couple enters into a prenuptial contract, the agreement may not be valid. There are some ways an experienced Boca Raton prenuptial lawyer can disprove the legitimacy of a prenuptial agreement.
Some pre-marriage agreements have a sunset clause that holds that the contract ceases to control the marriage if the marriage endures for more than 5 or 10 years or on the birth of a child or when the child reaches a certain age, for example.
Talk to a Caring Boca Raton Prenuptial Lawyer Before You Sign Any Prenuptial Contracts
Spouses who are asked to sign a prenuptial agreement should be counseled by experienced family law attorneys. Partners who have substantial assets or unique concerns can benefit from a prenuptial agreement. Experienced family law attorneys explore the entire financial picture of both parties before providing any legal counsel. Proper counsel understands the balances between romance and financial security. If a spouse signed a prenuptial agreement, there may be ways to invalidate or negotiate the terms. Make the call to a Boca Raton family lawyer today.