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The Law Office of Long, Murphy & Zung, P.A. commits itself to providing unparalleled legal services in the practice of matrimonial and family law. To that end, our firm is inexorably committed to the highest ethical standards in amicably and equitably resolving family law disputes so that the welfare of the client, the family and society are enhanced.

prenuptial & postnuptial agreements Archives

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.

What role nonmarital contracts play among cohabitating couples

Marriage is so much more than two people who are in love wanting to spend the rest of their lives together. Once you and your officiant sign you the marriage license, you've essentially become party to a legally binding contract that's not easily walked away from. Given that marriage is essentially a type of contractual agreement, it shouldn't come as a surprise that nonmarried couples can sign similar types of agreements as well.

Why more millennials are signing prenups than their parents did

They say that opposites attract. And, when it comes to marriage among millennials, it's perhaps because of the fact that they do that many of those couples are making sure to sign prenuptial agreements before they walk down the aisle.

Even folks of average means should not marry without a prenup

Prenuptial agreements have long been popular among couples in the entertainment industry. Only recently have they begun to gain steam among us common folk. While many think they have too few assets to even consider drafting a prenup, more couples are beginning to see them as one of many prudent methods of protecting their individual financial futures.We currently live in an era in which more couples are becoming involved in second marriages. In fact, statistics in 2013 hints that at least one of the spouses that make up newly married couples has been previously married in at least 40 percent of all cases. Many of these spouses enter into the marriages with kids they had with their ex.

How signing a cohabitation agreement can protect your finances

In today's society, it's quite common for couples to either move in or buy a home together without first getting married. Many long-term couples tend to think that this provides them with some automatic legal rights to make certain decisions in their significant other's life. It doesn't. Unmarried couples must sign a few legally binding documents in order to be able to make certain financial or heath care decisions instead.

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