Prenuptial agreements can be used prior to marriage to change the rights and duties the spouses would otherwise acquire during the marriage. Prenuptial agreements may define each party’s rights and responsibilities in divorce, death, and finances. Prenuptial agreements can deprive either spouse of alimony completely or limit the extent one spouse can receive alimony upon divorce. Prenuptial agreements can also protect either spouse’s business assets from being subject to division in divorce.
While each spouse is not required to have an independent attorney when negotiating the terms of a prenuptial agreement, best practice is to have legal representation on both sides to ensure you receive sound legal advice regarding your rights when entering into marriage. Don’t make a life-changing mistake and jump into a marriage without knowing your rights and risks going forward. Our attorneys can assist you in drafting or reviewing the terms of a prenuptial agreement to ensure you are protected.