Marriage Contracts Are Not Just For The Wealthy
Your engagement is more than just time to choose a wedding theme and register for gifts. It is time to learn about each other and discuss your future. One discussion you should not overlook is the importance of a prenuptial agreement.
At Robert A. Plantz & Associates, LLC, we understand how delicate this topic can be. Through the process of creating prenuptial agreements, attorney Robert A. Plantz helps many Merrillville couples spark honest discussions that can spare them conflict in the future. Contact us so we can assist you.
How Can A Prenuptial Agreement Protect Me?
While some may see a prenuptial agreement as a cloud of mistrust over a marriage, in fact the opposite is true. A prenuptial agreement can bring to light issues one spouse may be reluctant to share and allow the couple to resolve those issues before taking their vows, including:
- Identifying assets you and your partner want to keep separate in case of divorce
- Establishing financial rights and responsibilities
- Protecting the inheritances of children from previous relationships
- Preserving your own inheritance
- Shielding your business from property division in a divorce
- Defending one spouse from the debt of the other
A valid prenuptial agreement must be fair and reasonable. Both you and your intended partner must sign it without coercion, so it is wise to allow plenty of time before the wedding to properly consider the issues. It is also wise for both of you to have individual lawyers to represent you.
A more recent option for married couples is the postnuptial agreement. The postnup can provide similar protections as the prenup if the same conditions are met by the couple. Many married couples seek a postnuptial contract when they are having struggles, including financial conflict or infidelity. Through a postnup, they can address those issues that create discord and establish an agreement that will help them relate more peaceably.
Find Out If A Prenup Or Postnup Is Right For You
By contacting Robert A. Plantz & Associates, LLC, you can find the answers to your questions about these valuable options for protecting your rights. Call our offices in northwest Indiana at 219-561-0263 or contact us through our online intake form. Your initial consultation is free.