Prenuptial Agreements Attorney in St Louis, MO
Couples who are considering marriage often do not think about the potential long-term financial challenges they could be facing. Many couples also believe that only very wealthy people consider prenuptial agreements, but there are other reasons to consider preparing a prenuptial agreement prior to marriage. Some of the common reasons include:
- Second marriages – when one partner was previously married and has children, a prenuptial agreement can provide for their children’s future.
- Excessive debt – when one partner has an excessive amount of student debt, a divorce could result in one partner having to assume part of the debt.
- Inheritance expectations – if either partner stands to inherit a substantial estate, a prenuptial agreement can help protect those assets.
Prenuptial Agreements: A Mutual Agreement
In most cases, couples who are considering marriage can work out the particular details of a prenuptial agreement without undue problems. Working with an attorney who has experience drawing up these agreements can help ensure all of the legal requirements are met as well as ensure there is a complete detailing of your specific wishes. Prenuptial agreements are not only designed to protect partners in the event of divorce or separation, they can also help protect partners when one becomes disabled or is unable to make decisions on their own.
Protecting Your Future in the Event of Divorce
Naturally, one of the last things you are considering at the time of marriage is a potential divorce. However, when there is a divorce, in many cases the court will separate marital and “separate” property before using an equitable division. The problem is that oftentimes, separate property and marital property become comingled through the purchase of homes, vehicles or other luxury items. Having a detailed prenuptial agreement that addresses these types of possibilities can save numerous problems in the event of a divorce.
If you’re considering a second marriage, have substantial assets or wish to protect your spouse from substantial debt, contact St Louis Family Law Group at (314) 926-0939 for help preparing a prenuptial agreement which can protect you