Engagement and marriage are joyous occasions. People don’t always think about entering a contract with the partner they love and trust. However, every marriage comes with certain risks and potential for disagreements.
Much like Cohabitation Agreements, nuptial agreements aren’t only for couples who anticipate a split in their future. These agreements are for couples who mutually respect one another and value clear communication of expectations. Because marriage is a big commitment and it’s worth taking the time to plan for anything that could happen in the future.
The attorneys at The Campbell Law Group are experienced in representing either party in nuptial agreements. We will meet with you and discuss your options in the event of divorce, separation, or death. We will draft your Agreement and explain the best way to present the contract to your fiancé and negotiate with him or her.
If you are about to enter (or recently have entered) a marriage, read on for more information about Pre- and Post-nuptial agreements.
A prenuptial agreement is a contract entered by two individuals before they get married to one another. Prenuptial agreements are becoming increasingly more common with each marriage in South Florida. These contracts were once just utilized by wealthy people to secure their fortune if there should be a divorce. Presently, numerous couples who are getting married need a prenuptial agreement to protect their home and different assets or to abstain from paying alimony/spousal support in case of a separation.
A postnuptial agreement is similar to a prenuptial agreement, except it is executed after a couple gets married, or enters a civil union. Like the contents of a prenuptial agreement, provisions vary widely but commonly includes provisions for division of property and spousal support in the event of divorce, death of one of the spouses, or breakup of marriage.
Nuptial agreements can help avoid the costly litigation that comes with a separation or divorce. They can also outline which spouse will be responsible for certain debts, protecting each party from issues with debts of their spouse. Spouses can also define who is entitled to specified property from a place of mutual respect (rather than battling over every last asset in the event of a divorce). Even better, spouses can customize these agreements to suit their own needs and goals (while the relationship is in a positive place). This may help couples avoid disputes that would otherwise occur when expectations are unclear. Additionally, one of the most popular benefits of a nuptial agreement is to protect assets each party earned separately and brought into the marriage.
Whether you are considering a Nuptial Agreement before or after the wedding, The Campbell Law Group can assist you in negotiating your agreement, while helping you maintain a healthy relationship with your significant other.