Prenuptial agreements may seem unromantic, but their usefulness cannot be denied. No one plans to separate or divorce when they are making their way towards matrimony. But despite our best intentions, we ultimately cannot predict what the future may hold. If you want to protect yourself just in case by securing financial interests and personal property, then devising a prenuptial agreement is recommended. Our team at Felt Family Law & Mediation are happy to help you create a prenuptial agreement that considers everyone’s wishes. Our Utah prenup lawyer can consult with you, learn more about what you are looking for, and then establish a legally-binding document that can provide you with a sense of ease. You can then enter your marriage without worrying about what you could lose if the unexpected occurs.
What A Prenup Does
Prenuptial agreements are not only for those with fame and riches, as they can be helpful for anyone no matter their financial status. The goal of these agreements is to establish expectations for couples who want to enter a legal union. The documents in these agreements can safeguard your property so that your spouse does not get it in the event of divorce. A prenup can also separate your business from the union, while protecting other interests, such as retirement accounts and some investments. As our knowledgeable prenup attorney explains, a prenuptial agreement can establish:
- How to divide up assets if divorce happens
- The obligations and rights of each spouse
- Decisions about parenting (healthcare, religion, school, childcare, etc.)
- Spousal support in the event of divorce
These agreements have to be completed prior to the marriage taking place. If you are already married and want a similar type of document, then you may consider establishing a postnuptial agreement instead. If you want to protect your interests and set forth clear expectations for your marriage, then a prenup is a useful choice.
What It Doesn’t Do
Premarital agreements do not address topics such as support, custody, health insurance, or healthcare costs of children inside or outside of the marriage. These issues have to be resolved using other avenues, like a divorce decree. A prenup cannot determine who would have custody of children or what the parenting arrangement would be. A prenup cannot waive or limit child support obligations. Furthermore, a prenup cannot establish causes or conditions for the divorce. If you have questions about this, please reach out to our team today.
Felt Family Law & Mediation
While asking for a prenup may not feel like the most romantic offer, it can make things easier in case divorce does happen. We cannot predict every aspect of our future, and sometimes the unanticipated does occur. If you are considering writing a prenuptial agreement, we suggest speaking with our team at Felt Family Law & Mediation as soon as you can. We are happy to provide you with the information you need to decide if this resource will benefit you and your marriage. Our UT prenup attorney is ready to support you!
