Pre-Nups a/k/a Pre-Martial Agreements

The term “pre-nup” evokes images of older couples marrying who already have accumulated their wealth, not two young people starting out.  That image is quite frankly outdated.  Today, many younger people, with or without money, are obtaining premarital agreements prior to marriage.  No matter how romantic your notions of marriage are, it simply makes good sense to determine your legal rights and obligations upon the event of divorce.  

Before marriage the future husband and wife can determine the rights and obligations of either party concerning any property; spousal support; life insurance benefits; wills; what happens to the property upon divorce; and any other right or obligation that does not violate public policy. 

Child support is NOT an issue that can be decided in a premarital agreement.

Premarital agreements are best signed well in advance of the wedding and each party should have effective, legal representation before signing.

 

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