Montgomery County Prenuptial Agreement Attorneys
An Experienced Team of Strategic Lawyers to Protect Your Rights in Your Prenup Agreement
At Shemtob Draganosky Taylor, our attorneys think outside the box in divorce and prenuptial agreements. We are able to prepare creative documents that accurately express your intentions and fit your needs.
We know that the concept of a prenuptial agreement is sometimes difficult or uncomfortable to discuss. It may not seem to make sense to negotiate the terms of a divorce before you get married. However, not having a prenuptial agreement can be a big mistake, particularly if you own a closely-held business or are bringing significant assets into a marriage.
No two prenuptial agreements are exactly alike. While every agreement contains some standard language, the substance of the agreement is specific, new, and different for each person. It is important that your lawyer is both experienced in negotiating prenuptial agreements and savvy in the law. Seek the assistance of an experienced attorney to create a prenuptial agreement suited to your needs.
What Can a Prenup Do?
A prenuptial agreement is a legal contract between two parties anticipating marriage. A valid prenup is in writing and signed consensually and voluntarily by both parties, and it goes into effect once the couple officially marries.
A premarital contract can address several things, including:
- each spouse's right to property owned by either spouse;
- the division of assets and debts if the couple divorces or either spouse dies;
- either spouse's entitlement to spousal support;
- each spouse's right to buy, use, spend, or sell assets during the marriage;
- each spouse's right to the gifts or inheritances of the other;
- management of a family business;
- each spouse's entitlement to death benefits from the other's insurance policy; and
- any other matter agreed upon by the couple.
Who Should Get a Prenup?
There are many benefits to creating a prenuptial with your future spouse. Any couple can get a prenup, and there is a common misconception that only the wealthy should consider one or that a prenup casts doubt on the relationship. Neither of these concerns should deter you; a prenuptial agreement is an important safety cushion that can save you significant time and trouble in the possible event of separation, and the negotiations around it can also help you and your spouse learn early on how to communicate transparently about your finances.
So, anyone who seeks financial security in a marriage or hopes to avoid a drawn-out divorce should consider entering a premarital contract with the legal counsel of an attorney. In many cases, prenups can lead to fewer arguments in a marriage since couples have resolved expenses and financial responsibilities beforehand in their prenup. Additionally, individuals with significant wealth or assets may use a prenup to shield these assets from a future spouse or to protect their future children's inheritance.
Shemtob Draganosky Taylor Can Draft Your Prenup
Prenuptial agreements can help alleviate the risks of marital property disputes in the event of divorce. It is important to approach your prenup discussions with an experienced family law attorney who can provide guidance as to what you would be entitled to and what rights you might be waiving as a result of your prenuptial agreement.