Matrimonial Security in Suffolk County
Nobody truly wants to "consider" the idea that their upcoming marriage may one day end in divorce, but tragically the numbers are against them. With nearly 50 percent of all first marriages ending in divorce, it would be unwise for certain individuals, namely those with a considerable amount of wealth or those with children from a previous relationship to avoid getting a prenuptial agreement. An experienced attorney will be able to assist you in drafting an effective prenuptial agreement that is tailored to your specific needs.
Prenuptial agreements are commonly referred to as a "prenup" or a pre-marital agreement; however, each term means the same thing. A prenup or prenuptial agreement is an agreement that is signed by a couple before they enter into a marital contract. All prenuptial agreements vary; however, they typically address the division of assets and how much spousal support or maintenance will be paid in the event of divorce, or how a property will be divided upon the death of a spouse. In essence, the wealthier the individual, the more necessary it is to obtain a prenuptial agreement prior to entering marriage.
Why should you consider a prenup?
While some people may think that prenuptial agreements are only for the wealthy or celebrities, this is not entirely accurate. If you have substantial savings or have worked extremely hard for certain assets, it is a wise idea to consider a prenuptial agreement.
The following categories are often an indicator of this type of marriage contract, including:
- You own a business or are invested in one
- One spouse is much wealthier than the other
- You have children from a prior relationship
- Inheritance money may be coming your way
- You are in possession of a home, retirement funds or stocks
- You anticipate a large increase in your income due to your recent business success
Other reasons may cause you to consider writing up a prenuptial agreement, but whatever the case it is vital that you have a knowledgeable lawyer write it up. The last thing you want is to create something that has loopholes and mistakes in it, in case you need it in the future.
Offering Essential Legal Protection
Prenuptial agreements are an effective legal instrument. They don't only protect the wealthier spouse, but they protect the legal rights of the lesser earning spouse as well.
At our firm, we can help you draft a complete and thorough prenuptial agreement that reflects your needs and objectives. Attorney Lynn Poster-Zimmerman understands how important prenuptial agreements are and she is dedicated to upholding her client's wishes and seeking out a reasonable and effective prenuptial agreement.
She invites you to contact her firm where you can be advised of all of your legal rights under family law and what steps you can take to protect yourself and your assets in your upcoming marriage - (631) 731-1042.