While many people avoid thinking about a prenuptial agreement before they get married, these contracts are being used more frequently by couples to protect themselves and loved ones from unexpected situations.
When a business is involved, a prenup can be a vital tool think of it as insurance policy to prevent a contentious situation from occurring. A formal, mutually agreeable contract can spell out each spouses fair share.
What provisions are included?
A prenup is made before two people get married, while a postnuptial agreement happens after the marriage date. Both are formal contracts that can determine how a business is valued and how assets will be divided. It can include:
Pre- and postnuptial agreements can bring peace of mind
No one gets married thinking their relationship is doomed to fail. But many couples realize its better to protect future interests for themselves, their children and their businesses in the event of divorce. A family law attorney can answer your questions and explain how a contract can provide relief for happily-married couples.