Lake Mary Prenuptial Agreements Attorney
In movies and television, the media often makes out prenuptial agreements to be some type of pre-planning for divorce, in which a working class bride marries a rich businessman. Yet, the reality of prenuptial agreements is usually quite a bit more mundane. For example, do you or your future spouse have children from a previous marriage? Are you a small business owner? Do you have considerable family assets, including valuable family heirlooms that should be passed down to the next generation? None of these scenarios involve one spouse trying to deceive the other, and yet the marriage could potentially benefit greatly by including a prenuptial agreement to provide financial protection for both spouses. According to the Harvard Gazette, only five to ten percent of American marriages contain a prenuptial agreement, which is unfortunate, because prenuptial agreements can mitigate many problems and complications later in life. To learn more about how a prenuptial agreement may benefit you and your soon to be spouse, call the Lake Mary prenuptial agreement attorneys at the Troum Law Firm, P.A.
The Many Issues a Prenuptial Agreement Can Accomplish
A prenuptial agreement is not only for division of marital assets during divorce. A prenuptial agreement can be used for the following, and much more:
- Debt responsibilities during the course of the marriage;
- Division of real estate
- Creation of separate, non marital property, and instructions on how it should be held and titled;
- Creation of joint and separate living expense rules and how these should be paid;
- Division or separation of retirement assets;
- Decisions regarding alimony / spousal support;
- Who gets the dog or family pet should divorce occur;
- Life insurance benefits;
- Wills and trusts;
- To save considerable time, money, and stress should the marriage end in divorce.
Scenarios in Which a Prenuptial Agreement May be a Good Idea
- Either party has been married in the past;
- Either party has children from a previous marriage or relationship;
- One spouse has a child with disabilities form a previous marriage or relationship;
- One spouse has considerably more assets than the other;
- One spouse will become a homemaker or will do the majority of the child raising, while the other works;
- Either spouse owns a small business;
- One spouse has a known drinking or gambling addiction;
- One spouse has a known debt or spending problem;
- Either spouse has a serious medical issue; and
- More.
Contact a Lake Mary Prenuptial Agreement Lawyer
Whether you want to ensure that your children from a previous relationship are in line for an inheritance, you have much larger assets than your fiance, or you simply want to ensure that you end up with the family dog in the event of a divorce, you should consider getting a prenuptial agreement. Increasing numbers of millennials are getting prenuptial agreements, according to CNBC, often due to marrying later in life, and no matter your age, you may want to consider creating a prenuptial agreement yourself. To speak with a Lake Mary prenuptial agreement lawyer at The Troum Law Firm, P.A., call 321-428-2247 today to schedule a free consultation.
