A Scottsdale family lawyer can provide help with making important decisions that affect your finances and that impact your relationships. If you are thinking about getting married, it is important that you talk with a lawyer so you can understand the legal implications of entering into this relationship and so you can make certain to take steps to protect yourself before you walk down the aisle.
Singer Pistiner, P.C. provides help to people who are contemplating a marriage, whether the marriage is your first one or whether you are thinking about remarrying again after a divorce. While talking to a lawyer may not be your idea of a romantic way to prepare for your wedding, it is important that you get the right legal advice so you can protect yourself and protect your future spouse. A Scottsdale family lawyer at Singer Pistiner, P.C. will assist you in understanding what steps to take before marriage so your future will be more secure.
Why Talk with a Scottsdale Family Lawyer Before Marriage
When you get married, you do not just form a romantic partnership. You form a legal and economic partnership as well. The financial decisions that your partner makes during the course of your marriage can affect your future security, as Arizona’s community property rules could make you responsible for debts incurred by your spouse.
Your marriage can also affect your student loan payment if you have an income-contingent repayment plan; can impact your tax liability; and can sometimes effect your eligibility for receiving spousal support from a prior marriage. Even your ability to determine who inherits your assets if you pass away will be impacted by your marriage.
You need to have a full understanding of how getting married is going to affect your financial life, including an understanding that the default rule applicable during marriage is that money and property acquired during marriage belongs to both spouses. If you build up a business or if you make a lot of money but your spouse makes less or does not work, you could end up having to give part ownership of your company and part ownership of your assets to your partner if you end the marriage. You need to think carefully about the risks involved in combining your financial life with someone else and about what taking on that risk can mean for your future.
You should also discuss with a Scottsdale family lawyer what your options are for protecting yourself- and your future spouse – in case your marriage comes to an end. No one likes to contemplate the prospect of divorce when they are entering into a new marriage. However, there is not an insignificant chance that you will end up getting a divorce, and it is smart to plan ahead in case this happens. You and your partner are presumably getting along very well if you have made the decision to marry. It will be much easier to discuss issues now that could arise if you ever split up than it will be to try to come to a compromise on key issues at the time when you have actually decided to divorce.
If you can work out a premarital agreement that you and your partner agree to that addresses division of property, spousal support and the other key issues that generally arise during divorce, you can make certain that a possible future divorce goes as smoothly as possible. You and your partner will both save a lot of money and heartache if a marriage ends and there is an enforceable prenuptial agreement in place instead of if you are in a situation where you are trying to work out all of the issues associated with ending your marriage and are forced to fight these issues out.
Getting Help from A Scottsdale Family Lawyer
A Scottsdale family lawyer at Singer Pistiner, P.C. can provide invaluable advice on the process of planning ahead for marriage. We can help you to identify the issues that could affect your family and financial life after you get married and can assist you in making a plan that incorporates the effective use of legal tools to protect yourself and your loved ones.
To find out more about how our legal team can help you to address important issues related to marriage, and the end of marriage, download our free divorce guide. You can also give us a call at 602-264-0440 or contact us online to get personalized help with marriage, divorce and other family law issues.