Protecting Your Assets – For Better or For Worse
When two people are getting married, they are not just joining their lives in an emotional or religious sense. They are also joining their finances, and this can quickly become a tough legal issue.
Prenuptial agreements exist to avoid these pitfalls and help couples ensure their assets are protected. Sometimes a prenuptial agreement can be a sensitive issue for a couple. The Law Offices of Bruce Feinstein, Esq. are prepared to help you and your spouse through every step of the process, from initial questions and concerns to final paperwork. The firm is dedicated to helping couples with legal issues that arise in every stage of their lives together, and they strive to help make every experience as seamless and affordable as possible.
What is a prenuptial agreement?
Prenuptial agreements are legally binding contracts that help couples retain control over their assets and liabilities. These can include businesses, homes, gifts, and inheritances.
A prenuptial agreement needs to be in writing in order for it to be valid. It must include complete financial disclosure and be signed voluntarily by both parties. Each party needs to be represented by their own legal counsel in order to ensure that both parties’ interests are protected.
Why are prenuptial agreements necessary?
Prenuptial agreements are meant to serve as protection of your current property and inheritance, as well as assets you accrue over the course of your marriage. They are helpful for estate planning or “insuring” a growing business or investment, as well as ensuring your financial protection in the case of a divorce.
Approaching the subject of a prenuptial agreement with your fiancé can seem uncomfortable. But having the proper legal representation can take away some of that stress – let the Law Offices of Bruce Feinstein, Esq. guide you through the process and help address any concerns with your future spouse and his/her attorney in a courteous manner.