Marital agreements can be extremely beneficial. They allow parties to reach a mutual agreement regarding assets, saving them time and money if, in the future, a divorce should occur.
However, it is crucial to have an experienced attorney examine your specific situation if you are considering a prenuptial or postnuptial marital agreement.
An attorney can help you draft an agreement that best protects your assets and your interests.
Prenuptial Agreements: Stipulations And Allowable Provisions
A prenuptial agreement is made before your marriage to resolve issues of support and property division if the marriage ends in divorce or by death of a spouse.
To be considered valid, prenuptial agreements must be in writing and signed by both parties. It must be fair and entered into without undue influence or coercion.
Issues that can be addressed in a prenuptial agreement include, but are not limited to:
- Alimony and spousal support
- Division of marital property
- Division of nonmarital property
Postnuptial Agreements: When They Are Necessary
A postnuptial agreement is similar to a prenuptial agreement, except a postnuptial agreement is made after you and your spouse are married.
A postnuptial agreement may be necessary to, for instance, protect an individual's assets should they receive a large inheritance while married.
Hope For The Best — But Plan For The Worst
If you need an experienced attorney to help you draft a solid marital agreement, reach out to our attorneys at Canan Law.
Our lawyers have over 60 years of combined legal experience practicing almost exclusively in St. Augustine, St. Johns County and northeast Florida. Let us help you.
Call 904-217-6209, or contact us online, to schedule a consultation.
We can also review an agreement already drafted to determine validity. Contact us to learn more.