Who Needs A Prenuptial Agreement?

Donaldson Cunningham, P.C., have the legal knowledge and real life experience that will help you make the best decisions for your future. Here are the clients that we most often see come to us for prenuptial agreements:

Those Entering Second Marriages

Anyone who has gone through a divorce knows how lengthy, expensive and unpredictable the process can be. If you’re going to get married again, signing a prenup before you re-marriage can help you retain control of your separate property and remove that uncertainty.

Professionals With High Income

Professionals often have financial circumstances that make a prenuptial agreement worth considering. Physicians, attorneys, accountants, engineers, and others who have spent time and invested significant resources in their education and careers may want greater clarity regarding their income, retirement benefits, and other assets accumulated during the marriage.

A prenuptial agreement can address issues such as separate property, future earnings, and financial expectations during the marriage. By discussing these things before marriage, couples can create a clearer understanding of their financial rights and responsibilities.

Business Owners Of All Sizes

For business owners, a prenuptial agreement can help protect a business if a marriage ends in divorce. Without clear agreements, there can be questions about what part of the business is separate property and what part may have grown during the marriage.

Problems can also come up when personal and business finances overlap. One spouse may also claim they helped support or build the business. A prenup can address these issues ahead of time by setting clear rules about ownership and how the business will be handled if there is a divorce.

Later In Life Couples

Premarital agreements can provide stability and security no matter the ages of the spouses. However, later in life couples, especially those approaching retirement, may have much more at stake in terms of hard-earned retirement and long-term outlook.

Experience And Insight Into Prenuptial Agreements For All Clients

You do not need a certain amount of money or a prior marriage to consider a prenuptial agreement. Prenups can be used in first marriages and in many different financial situations. A prenuptial agreement helps clarify how property, debts, and finances will be handled during the marriage and if the marriage ends. Whether a prenup is right for you depends on your goals and circumstances.

Call today to learn more at 480-792-9770.