Prenuptial Agreement Lawyer
A prenuptial agreement is a form of a contract signed by two parties planning on marriage in order to specify each of the party’s rights regarding property, spousal support, and other issues in the event of the marriage’s dissolution, either by divorce or by the death of a spouse.
Without this document, the division of property and matters of spousal support in the case of a divorce will be left to the courts, which can result in an outcome which leaves both parties dissatisfied. This is why for so many couples, it is a matter of sheer pragmatic concern that, no matter how strong the belief that the marriage will not end in a Divorce, it’s better to come to an agreement in advance to provide a favorable outcome to both parties. Therefore, prenuptial agreements are especially advisable in cases where one or both spouses have significant assets, or where one is bringing in significant debts. Additionally, prenuptial agreements can be used in cases where one or both parties have children prior to entering the marriage, in order to ensure that, in the case of one of the spouse’s deaths, their children can directly inherit any property they leave to them. Whatever your reasoning, it is vital that any prenuptial agreement you reach with your partner is mediated by an experienced prenuptial agreement lawyer.
Prenuptial agreements vary widely based on the needs of the parties involved them. According to these needs, the agreement can specify the details regarding a variety of concerns, including:
- The division of property accrued during the marriage
- Whether any property preexisting the marriage will remain the sole property of its original owner in the case of the marriage’s dissolution
- Provisions for estate planning and/or life insurance, in cases where one party dies
- Inheritance rights for any children preexisting the marriage
- Agreement to keep any debts separate
- How property acquired during the marriage is to be divided
- Clauses regarding alimony or spousal support
- Clauses regarding retirement benefits
- Clauses for one party paying for the other’s education
- Instructions for the division of assets in a variety of situations
Every case is different, and it’s therefore important to hire a prenuptial agreement attorney who not only knows the law but takes the time and effort required to understand your unique situation in order to help you and your partner better understand your options.
It’s also important to keep in mind that there are a number of reasons a court might reject the validity of a prenuptial agreement. For instance, a court may find such an agreement to be unconscionable (and thus invalid) if it excessively favors one party over the other, or if they find there to have been a lack of transparency either in the existence of a party’s assets or in their value. It’s best to make sure you can avoid these issues through a well-drafted agreement. In the case that they have already arisen, however, you will need the assistance of a skilled prenuptial agreement lawyer in order to contest the validity of your existing agreement.
Lawyer For Prenuptial Agreement
Are you entering a marriage, and looking to protect your assets and avoid potential disputes? Have you signed a prenuptial agreement which you believe is unconscionable, and wish to contest? Call Velter Yurovsky Zoftis Sokolson, LLC at (215) 969-3004 to set up a free consultation with one of our expert prenuptial agreement attorneys. You may also contact us by Email, and we will respond promptly.
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