Whether you are an employee who earns a substantial salary or a business owner contemplating marriage after having worked hard to build your wealth and your estate, or if you are just simply looking to protect your estate and/or wealth in case of a divorce, it may be advisable to consider entering into an Agreement with your fiancé/fiancée or spouse to protect your financial rights using a Prenuptial Agreement before the marriage or a Postnuptial Agreement after the marriage.
Often times, a Prenuptial Agreement is difficult to discuss with your fiancé or fiancée prior to marriage. However, discussing and entering into a Prenuptial Agreement may be the best move you have made in protecting your assets in case of a divorce in the future.
At Fred A. Joshua, P.C., our approach to Prenuptial or Postnuptial Agreements is not designed to encourage divorce. It is used, rather, to clearly set each party’s rights and responsibilities in the unfortunate event of a divorce. Another crucial use of said agreements is to remove most of not all the decision-making powers over those disputes from divorce judges and keeping control of the process between the parties. Prenuptial or Premarital Agreements are a great vehicle in helping you avoid a protracted litigation through the court system and the costs associates therewith.
Should you have questions regarding ways to protect yourself and your assets, we encourage you to schedule a consultation with one of Fred A. Joshua, P.C.’s family law attorneys.