Considering a Prenuptial Agreement?
Are you getting married and want to protect your assets? Then, you should be considering a pre-nuptial agreement. This is a negotiated document signed by a couple before their marriage. The document will typically lay out ownership of property, money, and assets. Additionally, the document will be binding in Court provided the document is entered into freely, knowledgeably, and in good faith. All assets of both parties must be fully disclosed, or the document will not be considered enforceable. And, each person must have an attorney to ensure each one has full knowledge of what is going on. As well as what is being signed. This helps ensure the agreement is enforceable.
If you divorce, the agreements you made before marriage are what the Court will use to split the assets. This is why the prenuptial agreement is important. Additionally, this agreement can protect one spouse from debt that another spouse brings to the marriage. The agreement can further dictate how you will handle finances throughout the marriage. As well as waive any claims to alimony in the event of a divorce.
Having a prenuptial agreement can ensure protection for both parties’ property before the marriage. Specifically, if either party has children from a previous marriage. Furthermore, you should consider a prenuptial agreement if you will bring a particular pre-owned property into the marriage. Or if you have a business you want to keep.
If you are considering a prenuptial agreement before your marriage, contact Angel Kane at Kane & Crowell Family Law Center. Visit us at www.kane-law.com or at (615) 784-4800. We handle cases in Wilson, Sumner, Trousdale, Macon, Smith, and Rutherford Counties. We are happy to put our experience to work for you.