West Palm Beach Prenuptial/Postnuptial Agreement Attorney
While all marriages are intended to last a lifetime, 40 percent end in divorce. Sometimes, unforeseen and unpreventable issues arise, and a couple decides that going their separate ways is in both party’s best interest. In these cases, married individuals are glad to have signed a prenuptial or postnuptial agreement, which can prevent a lot of headache in the event of diovorce. However, pre and postnuptial agreements are not only used in the event of divorce. A marriage can benefit from a prenuptial or postnuptial agreement in many other ways. For example, if you have children from a previous relationship and you pass away without leaving a detailed will, your current spouse may end up inheriting all of your assets, leaving your children with nothing. Discussing your options with an attorney is crucial whenever you find yourself at a crossroads during a life-changing moment, and the West Palm Beach prenuptial & postnuptial agreement attorneys at Bruce S. Rosenwater & Associates, P.A. are here to help.
What is a Prenuptial Agreement?
A prenuptial agreement (or prenup), is a legal document signed by both parties before they are married. A typical prenuptial agreement lists the assets of each party before marriage, and may contain a clause to keep assets separate during marriage, for example.
What is a Postnuptial Agreement?
A postnuptial agreement is the same as a prenuptial, except it is signed during marriage, not before. It can be signed a day after, a year after, multiple decades after, or at any point after the couple is married. However, both parties must agree to it. Neither spouse can coerce or force the other into signing a postnuptial, or prenuptial for that matter.
Reasons for a Prenuptial or Postnuptial Agreement
There are countless reasons for wanting a prenuptial or postnuptial agreement. Aside from creating financial stability and ensuring that the marriage is based on love, not material property, the following factors may play into why a couple decides to get a pre or postnuptial.
- Assets of parties are vastly different;
- Incomes of parties are vastly different;
- The age difference between the parties is great;
- Either party has children from a prior marriage or relationship;
- One spouse has a debt, gambling, or spending problem;
- One spouse has an alcohol or substance abuse addiction;
- One spouse has important family heirlooms or property they wish to pass down;
- If one or more spouses is a business owner, or plans to become a business owner; and
- If either spouse has been married before.
Call a West Palm Beach Prenuptial/Postnuptial Agreements Attorney
Marriage is a huge decision. No one should feel awkward about bringing up the pros and cons of a prenuptial agreement, as prenuptials often create a sense of stability that is lacking in other marriages. Similarly, if you feel that a postnuptial agreement will help your marriage, your children, and your future selves, you owe it to yourself and your spouse to consider a postnuptial agreement. However, not all pre and post nuptials hold up in court. To ensure that yours is legally binding, you need to work with the trusted West Palm Beach prenuptial and postnuptial agreement attorneys at Bruce S. Rosenwater & Associates, P.A. Call 561-688-0991 to schedule a free consultation today.