Premarital and Post Nuptial Agreements
Premarital and postnuptial agreements are valuable tools that future or current spouses may want to consider.
A premarital agreement is a written document agreed to by parties before their marriage, while a postnuptial agreement is a written document agreed to by the parties after their marriage. Both agreements lay out the parties’ financial responsibilities, should their marriage end in divorce.
Premarital and postnuptial agreements are not just for the wealthy. Parties of all backgrounds and circumstances may want to consider entering into premarital or postnuptial agreements for one or more of the following reasons:
Marriage: To protect any assets that the parties have accumulated prior to the marriage.
Inheritance rights: To protect inheritance rights of children and grandchildren from a prior relationship.
Business Interests: To protect interests in a business a party may have.
Debt: To protect a debt free party from the debts and obligations of the other.
Alimony: To limit the amount of alimony one party pays to another in the event of divorce.
Wealth, Marriages later in life: To protect the financial interests of a party with substantial wealth or for those marrying later in life.
Properly drafted premarital and postnuptial agreements will be upheld by the court and will help to simplify the divorce process. Improperly drafted premarital and postnuptial agreements may not be upheld by the court and could result in lengthy and costly litigation.
The attorneys at GraberRoberts, LLC, bring years of experience to the crafting of premarital and postnuptial agreements. Our knowledge of the appropriate statutes and laws ensures that we will not only draft a proper agreement, but capture our client’s financial goals, while protecting their interests.
We also have experience litigating premarital agreements which either may have been unfair at the time it was entered or became unfair after it was entered for various reasons. For more on litigation, click here.