Creating a prenuptial agreement is one of the smartest ways to protect yourself when entering into a marriage. While some people mistakenly believe that prenuptial agreements are only for rich people with lots of assets, the reality is that this type of contract can be beneficial for every couple.
The sad fact is that around half of all marriages end in divorce. Creating a prenuptial agreement does not mean that you don’t have confidence in your marriage, but is instead is an important way to protect your financial future and prevent a messy, contentious and expensive end to a marriage.
When creating a prenuptial agreement, both spouses need to be represented by a qualified legal professional who can advise them, negotiate on their behalf and assist in drafting an enforceable agreement. Singer Pistiner, P.C. has extensive experience helping couples to create premarital agreements that work for them. Call or contact us online today to speak with a Scottsdale, AZ divorce and family law professional who can assist you in creating a prenup that works for your needs.
The Importance of Prenuptial Agreements
Prenuptial agreements are created at a time when you and your spouse are able to communicate and willing to work together and compromise. This makes it much easier for you to come to an agreement on issues that would be relevant in a divorce.
While your prenuptial agreement cannot dictate the terms of future child custody or include a waiver of child support, it can address all of the other important matters that may arise if your marriage ends including:
- Spousal support.
- Distribution of marital property.
- Distribution of separate or premarital property.
- Responsibility for debts that each spouse has entering into the marriage.
In today’s world with both spouses frequently earning incomes and with many people coming into a marriage with significant student loan debt, having a prenuptial agreement is more important than ever. You do not want to take a chance of losing what you have worked hard for over your life or becoming responsible for huge debts that your partner has. A premarital agreement can protect your financial security.
A prenuptial agreement can also make your divorce much less stressful. As long as your attorney has helped you to write an agreement that will be enforced by the court, you aren’t going to have to fight out the issues at a time when you are not getting along.
Getting Legal Help with a Premarital Agreement
Because a premarital agreement can profoundly impact your rights, it is important that you have legal advice in creating the agreement. Your lawyer can explain to you how the divorce laws work in Arizona and how support and property division issues would be decided when your marriage ends. With knowledge of your rights, you can make an informed choice about whether the terms of a premarital agreement are right for you.
Your lawyer will also help you to negotiate provisions of the agreement to best benefit you, and can assist in drafting and reviewing an agreement. Singer, Pistiner P.C. has helped many couples to create prenuptial agreements and our prenuptial agreement attorneys can assist with both simple agreements and complicated contracts that are necessary for couples with lots of assets or existing children from a prior marriage. Call or contact us online today to get started in protecting your future with a prenuptial agreement.