The first step is to get a lawyer to ensure that you are being treated fairly in a prenuptial agreement. If a party does not have significant assets and they are marrying the person that does have significant assets, it’s valuable for that party to have a prenuptial agreement so that he or she knows […]
FAQs
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What are the costs of a proper prenuptial agreement?
It’s surprisingly inexpensive. Assuming that you’re represented by a lawyer who’s been through this process, it’s a relatively straightforward situation. Your lawyer should be able to get the work done and the negotiations completed and give you a signed, enforceable document by maybe expending a handful of hours. It’s not necessarily a long, drawn out, […]
What impact does paternity have on parental rights?
Paternity is the relationship between the biological father and the child. It is possible that the biological parent is not the paternal parent. For example if a Mother had 100% of the time with the children and is married or lives with someone who is not the biological Father, and the biological Father has not […]
Do you need an attorney to do a prenup or could you do it yourself?
If you listen to the radio long enough you’re going to hear one of these ads about one of these internet websites where for $29.95 you can have a form that you download off their website, and you fill in a couple of blanks and sign it, and call it a prenup. I’ve been involved […]
Do people without assets need a prenuptial agreement?
I believe everyone should have a prenuptial agreement because you never know if a divorce is in your future. After all the statistics are one in two marriages end in divorce. Assume two people get married and one party just graduated from college and is a teacher and therefore has a prospective teacher’s pension. The […]
Can you set aside a prenuptial agreement during divorce?
If a prenuptial agreement’s prepared in accord with requirements of the statute, it should not be set aside. It must be signed by the parties voluntarily and must be conscionable. The parties must each provide full and fair disclosure of the earnings, property and the respective financial obligations. If there is a waiver of financial […]
What certainty does a pre or post-nuptial offer?
It provides the certainty of what’s going to happen in the event that this marriage breaks down and ultimately ends in a divorce. From the timing and cost standpoint, and from taking out issues that are going to be in controversy between the parties, we really don’t see that there’s any downside to it. For […]
Can couples revise their prenuptial agreement?
Yes. All that’s really required is that the document be in writing and that it be voluntarily entered into by each party. When we’re talking about modifying either an existing prenup or entering into a post-nup, if there wasn’t a prenup that was entered into that’s a slightly more tricky situation, and there is certainly […]
How common are prenuptial agreements in marriages with significant wealth?
The short answer is in a family with a high-net-worth, a prenuptial agreement is invaluable especially when the party marrying has an interest in a family business. Prenuptial agreements in these situations are very common as the family wants to protect the family business in the event that a divorce arises. The agreements are intended […]
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