Prenuptial and Postnuptial Agreements
- August 25, 2016
- No comments
When two people are getting married, most don’t end up thinking about their rights and safeguarding their interests at the time. Most of the people are too occupied in the now to care about these things. Yet, they tend to end up kicking themselves over the missed opportunities. Some people who are aware of their rights and interest will contact their Jacksonville family lawyer and have them draft a prenuptial agreement.
These agreements will be agreed to by both parties. A common perception is that you cannot enter an agreement once you have gotten hitched. However, once you have been married, it isn’t too late to safe guard your interests and you can still get into a postnuptial agreement.
The Difference between Prenuptial Agreements and Postnuptial Agreements
In essence, both prenuptial agreements and postnuptial agreements are similar. Here, the document is carefully drafted by a Jacksonville family lawyer on both sides. The agreement will be agreed to by both parties and executed by a signature from both the spouses.
The core issues that are often outlined in the agreements will be more of less the same. The agreements are likely to talk about the following issues:
- Division of Assets
- Spousal/Alimony payments
- Division of Child custody between the two parents
- The State of the Business
- The State of the Marital Home
- Distribution of marital property
Not only are the two agreements similar in terms of the core issues covered, they are also similar in terms of the goal(s) that they set out to achieve. The primary goal of both of these agreements is to avoid long fought battles in courts where each spouse is flanked by their own Jacksonville divorce attorney.
Benefits of Getting Into Such Agreements
There are a number of benefits that are available to both the spouses if they get into these agreements, both pre and postnuptial agreements ensure that both the spouses know what they will have at the end of the relationship if they decide to call it quits. This ensures for little or no litigation battles.
There are other benefits of prenuptial and postnuptial agreements. For most business people who have put their sweat and hard work into their company, they want to make sure that their business is protected. A marriage to them that has the potential to break down and cause division of assets can be potential financial hazard. Pre and postnuptial agreements help business people and others that have complex financial arrangements with their partners to go ahead with their marriage without having to fear for the state of their assets.
A prior or post marriage agreement will safe guard their business interests and outline the amount that each partner is going to get if and when the relationship cannot be carried forward.
Instead of hiring a Jacksonville divorce attorney to fight for your rights post-divorce, you can hire one before the agreement is being drafted to ensure that your rights are protected.
If you are looking for a good lawyer in Jacksonville contact us today!