Long, Murphy & Zung, P.A.

prenuptial & postnuptial agreements Archives

Pittfalls you must avoid to ensure your prenup is upheld

While many future spouses who are asked to sign prenuptial agreements may see the request to do so as some type of punishment, it's not. Instead, many future husband and wives ask their beloved to sign them in an effort to protect long-passed-down family assets such as homes, jewelry, artwork and wealth.

Having a prenup is critical when you're getting remarried

Financial planners and attorneys working with couples getting married for the second time (or more) are increasingly recommending that their clients have a prenuptial agreement drafted before they walk down the aisle.

Is a prenup important even if you're in love and have no assets?

When many hear the word prenup, they often think that it's not intended for them. If you're young and haven't yet built up your savings, then you're likely to feel as if you don't have enough assets to protect. Other couples may feel that they're so much in love, nothing could ever tear them apart. Whether one or both of these describe your relationship, there may some worth in signing a prenup anyway.

Why is it essential to have a prenup if you're getting remarried?

When marrying couples think about prenups, they often discuss getting them as a way to protect themselves if they end up divorcing down the road. Many times couples don't think of them as useful if they predecease their second spouse and have kids from their first marriage. While a prenup doesn't replace a will, it can provide remarrying couples as a way to protect themselves in both an instance of divorce or death.

Some assets that you shouldn't forget to include in your prenup

When couples decide to sign prenuptial agreements before getting married, they often think to include such valuable assets as their home, their cars or the investment portfolios. They rarely think about including some of the more sentimental assets or financial obligations they may have though. They're these excluded assets that often become highly fought over during a divorce.

How to protect your inheritance from being split up in a divorce

While marriage is supposed to be all about sharing your life with someone else, not all marriages are meant to last forever. This is why many couples seek to protect their assets from ending up in the hands of their ex if they get divorced. If there's the potential that you'll receive an inheritance during your marriage, then you'll want to take certain measures before you marry to avoid your spouse being able to stake claim to it if you divorce.

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