Most people do not enter into a marriage with the expectation that it will end in divorce. For that reason, some people ignore a very useful financial planning tool, the prenuptial agreement. Individuals decide to enter into a prenuptial for many reasons. Whether your goal is to protect family wealth, define succession of family business interest, engage in advanced estate planning or reduce conflict in the event of a future divorce, a prenuptial agreement is an excellent tool to help you achieve your goal. Please keep in mind that planning ahead is important. If you intend to enter into a prenuptial agreement, you should begin the process well before your wedding date.
If you have already married but wish to enter into an agreement for any of the above purposes, it is not too late to consider a postnuptial agreement, which can accomplish the same objectives as a prenuptial agreement.
A prenuptial or postnuptial agreement should be considered as a prudent financial planning tool. Our attorneys at this office can discuss with you how such agreement could benefit you or your family.