Prenuptial Agreement Lawyer Reduces the Stress Around Your Marriage
Hiring a prenuptial agreement lawyer is a smart move to make before formalizing your union with your partner. While prenuptial agreements can be characterized as being based in distrust, they are really a way to handle discussing financial issues in a relationship before they have a chance to be contentious. Having such an agreement allows both parties to go into the marriage secure in their expectations and their finances.
A prenuptial agreement, antenuptial agreement, or premarital agreement is a written contract entered into by a couple prior to marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what happens if and/or when the marriage eventually ends by death or divorce. These agreements are simultaneously meant to protect both parties and also to make sure the financial planning of the union is begun before the union itself is finalized. A prenuptial agreement lawyer from the Levy Craig Family Law team will help guide you and your partner through the process.
A prenuptial agreement, as stated, reduces the financial worries around a marriage by beginning financial discussions early. Other than this, this agreement also requires each party to share the state of their finances, such as income, assets, and debts so that neither partner learns of these after the wedding. Marital financial planning is an important part of any strong and healthy marriage and a prenuptial agreement lawyer will help make sure this happens in the best possible way.
Despite the benefits stated here, only five to ten percent of marrying Americans get prenuptial agreements. It is recommended for each party to hire a prenuptial agreement lawyer to explain what might happen if the marriage ended and there was not a prenuptial agreement. This counsel will not only help you with creating the document but also can help by thinking of issues that you and your partner might have never considered otherwise. Examples of these issues are questions like how long the agreement should last. Some elect to have their prenup last forever, while others choose to have it become null and void after the marriage has lasted for a lengthy period.
A prenuptial agreement lawyer from the Family Law Practice at Levy Craig Law Firm will help settle any concerns you or your partner might have about entering into a legal union together. Our team has experience with prenuptial agreements as well as many other family law matters. To schedule a consultation with our team, call us at (816) 454-7474 or click here for other contact methods.