Making the decision to take the next step and solidify your relationship by getting married is a very exciting one for many couples. What a lot of people neglect to think about during this very happy time is the possibility that the marriage unfortunately might not last. It is best to make sure you are protected in the unfortunate event that the marriage fails and you and your spouse decide to get divorced at some point. One way that unmarried couples who are thinking about the next step can prepare is through a prenuptial agreement.
If you and your spouse get divorced at some point, you will have to go through the process of equitable distribution, which is used to divide all assets and liabilities that have been accrued throughout the course of the marriage. A prenuptial agreement can work towards protecting the assets you have from before your marriage and make sure they are never transitioned into marital property. This can make it so the risk of having your property given to your spouse is no longer an issue. You can essentially make all of the decisions, other than those related to child custody or child support, that need to be made in a divorce prior to it ever happening. This can make it so your divorce is over in a quick and efficient manner, if it ever comes to this.
The most important thing about a prenuptial agreement is that the document must be agreed upon and signed by both parties prior to the marriage. If not, it is null and void. If you need help creating a prenuptial agreement, contact us today.
If you are in need of experienced and dedicated legal counsel, please contact The Penichet Firm and we will be happy to assist you in your family or criminal law matters.