Prenuptial Agreements To Protect Your Interests
Prenuptial agreements, also called a prenup or premarital agreements, are useful documents intended to resolve financial issues in advance of an unexpected death, separation or divorce so as to alleviate financial strains that often occur during marriage because of the uncertainty.
A properly drafted prenuptial agreement requires sensitivity to the issues, and a fine eye for detail and may involve the review of a wide range of assets, including deeds, investments, artwork and more. That is why it is important to have experienced legal counsel on your side who understands the work that must be done to craft a prenuptial agreement to ensure its enforceability in the event of a separation or dissolution.
At the law firm of Thomas M. Shanley, P.C., our attorney has 40 years of experience handling all types of family law issues for people throughout the Greenwich area. To learn more about how a prenuptial agreements can benefit you, call us at 203-542-9391.
Understanding The Purpose Of A Premarital Agreement
While a prenuptial agreement might not be right or necessary for some couples it can be an extremely useful tool for others. Perhaps no legal document is more misunderstood than a premarital agreement. Many people view them as evidence of one not being fully committed to the intended marriage.
Quite the contrary. They are best used to preserve and prolong the marriage by eliminating financial doubt and insecurities which frequently cause marital conflict. They are often utilized to protect premarital assets, inheritances, family business and gifts. While it is true that a prenuptial agreement can help protect one’s premarital or inherited assets in a divorce, it can also help promote careful estate planning even when your marriage lasts a lifetime.
The purpose of a prenuptial agreement is to avoid future conflict and expensive litigation. It is best to think of a prenup as a type of insurance plan. You hope that you never have to file a claim, but it is nice having the peace of mind that comes with knowing you will be protected should the unthinkable ever occur.
Tailoring A Marriage Agreement To Fit Your Situation
Every person’s situation is different. One person may have significant liquid assets while another may not. For these reasons, it is important that your prenuptial agreement is customized to reflect your situation and desires so that it protects both parties interests. Our lawyer will work closely with you to identify important assets and to help you outline your goals. You can rely on us to provide you with personalized, attentive legal representation at every stage of the process.