When contemplating marriage, the last thing anyone wants to consider is the possibility of divorce. Romantic ideals aside, however, a prenuptial (or premarital) agreement can be an excellent way of entering marriage without the worries of “what if.” Contrary to popular belief, prenuptial agreements are not just for the wealthy. Rather, they are an excellent way for couples to enter marriage with a clear understanding of one another’s financial standing and expectations for the road ahead.
Some of the benefits of a well drafted prenuptial agreement are as follows:
- Easing personal and family concerns.
- Avoiding litigation costs down the road.
- Protecting assets (personal, family, business).
- Protecting the rights and interests of children (those existing before as well as those born during the marriage).
- Wills, trust and estate issues
In order to be legally valid, Florida law requires that a prenuptial agreement be in writing, signed by both parties, after full financial disclosure by both sides and free from any fraudulent intent or coercion. Additionally, the outcome of any such agreement cannot be to the detriment of any children involved.
That said, there are virtually infinite legal complexities surrounding the creation and enforcement of premarital agreements. Working with a skilled family law attorney is the best way to ensure that your rights and interests are protected.
No one wants to thinks about the worst case scenario, especially when it comes to the promises of marriage. Thoughtful preparation now, however, can provide you with both peace of mind and protection in the event of a divorce.
If you have additional questions about prenuptial agreements please contact our office at 561-819-6208 to schedule an initial consultation or go to our contact page.
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