The Value of a Prenuptial Agreement
Posted on Apr 22, 2010 10:39am PDT
Marriage is a firm agreement between two people but this agreement also
includes financial concerns. There are specific circumstances where it's
a good idea to have a prenuptial agreement set up between a couple. Here
are just a few reasons why a prenuptial, often referred to as a "prenup"
agreement would be important.
In the circumstance where you had children from a previous marriage and
you wanted to ensure they inherited the assets you accumulated before
your second marriage, a prenuptial agreement would be in order. If you
were to get divorced or die without a
prenuptial agreement, your children might have to share part of this amount with your new spouse.
Another very good reason for having a prenuptial agreement would be if
you have a share in a family business before your present marriage and
you wanted to keep the business on that side of the family. If you died
without a prenuptial agreement in place or wound up getting divorced,
your new spouse might now share in the family business which could dramatically
change the family interaction within the business.
If you fall into either of these categories and are considering marriage
or know someone who is, it would be worthwhile to have a legal expert
draw up a prenuptial agreement.
Jacksonville family law attorney at Hutchinson Law today at (904) 638-3134 to arrange a consultation.