Situations When You May Want a Prenuptial Agreement
Prenuptial agreements have gotten a bad reputation from how they are portrayed in television and movies, but this type of agreement can be incredibly beneficial to couples prior to a wedding. There are many situations when a prenuptial agreement can provide peace of mind to each spouse and their loved ones before getting married. At the law office of Blair H. Chan, III, our team of highly qualified legal professionals is ready to help you draft and review a prenuptial agreement before your wedding in the Tampa Bay area. To learn more, call or contact our office today to schedule a free consultation.
One situation where a prenuptial agreement can be incredibly beneficial is when a couple is blending families with children from prior relationships. There can be a lot of stress and confusion about what belongs to who when families are blended, and a prenuptial agreement can clearly identify all property interests and dictate any other issues that may be unique to your unique family. A prenuptial agreement is also helpful when blending families because it can reinforce estate plans and inheritance for all family members, which avoids conflict later down the road after a parent has passed.
Identifying Property Interests
A prenuptial agreement is also helpful if one or both spouses are entering the marriage with separate property that they would like to protect. This could be real estate, personal property, collectibles, vehicles, or anything else of value that each spouse wants to guarantee that they will keep if the marriage does not last. This type of document is also helpful in identifying future property interests, such as alimony, so that each spouse knows that they will be financially supported if the relationship ends in divorce.
Protecting Business Interests
Finally, prenuptial agreements are highly recommended when one spouse is entering into a marriage who owns a business or has a share in business interests. In some cases, company partnership agreements even stipulate that a prenuptial agreement is required to protect the interests of the business. A prenuptial agreement can clearly identify business interests as solely one spouse’s, which protects the company in cases of divorce. This prevents the other spouse from claiming a piece of the business in a divorce, potentially altering or destroying the company altogether when the marriage ends. If you would like to learn more about the benefits of creating a prenuptial agreement prior to a wedding, talk to an experienced Florida family law attorney today.
Call or Contact Blair H. Chan, III Now
Prenuptial agreements have the potential to bring peace of mind to couples prior to a marriage, families during a marriage, and protect the property you deem most valuable before your wedding. To speak with a knowledgeable Tampa family law attorney about all the benefits of prenuptial agreements or to have an agreement drafted for you and your significant other, call the office or contact us today at the law office of Blair H. Chan, III now.