Many couples who are concerned about the potential for a high-asset divorce will decide to use a prenuptial agreement when they get married. They can use this agreement to make financial decisions for the future. In many cases, prenups are used to protect assets that...
Prenuptial Agreements
Have you considered a prenuptial agreement?
You’ve been with your partner for a while now and you’re contemplating getting married. You trust each other, but you’ve also both established businesses and property portfolios that you want to keep. You’ve heard about prenuptial agreements but are not quite sure...
Prenups are a good idea for students
It is a fact that people are waiting longer before getting married or even choosing to be in a committed relationship without getting married. However, love is a fickle concept that sometimes strikes for couples not finished with their undergraduate or graduate...
Prenuptial agreements are increasingly common
Prenuptial agreements used to be an unthinkable subject - one that when broached, created emotional conflict or bad feelings between soon-to-be-spouses. But thanks to a younger generation, they've become more commonplace and less taboo. A prenuptial agreement, also...
How to prepare a postnuptial agreement
There are many reasons for couples to create a postnuptial agreement, but the most common is to smooth over or formalize an issue that is a source of tension in the marriage. With financial issues being a top reason of why a marriage ends in divorce, often these...
Scenarios in which a prenuptial agreement might not be valid
As you prepare to enter a marriage, you may wish to explore every available option to reduce the chances of conflict within your relationship. Since finances can be a common topic of debate in marriages, you and your soon-to-be spouse may wish to take steps to prevent...
Drafting a post-nup to address the 2018 changes in tax law
Many couples prepare for their new marriage by drafting a prenup agreement. The reasons for doing this are as unique to the circumstances of the people involved, but the idea is to start the new union off on with a strong understanding of the financial assets and...
Married millennials more likely to keep separate bank accounts
One sure sign that a couple was getting married used to be that they would open a joint bank account. The thinking was that it easier to run household when there a joint account to pay the bills, but symbolically it was also a show of commitment or loyalty where they...
New book on prenup mediation
Attorney Laurie Israel has practiced law for 30 years. She started as a tax lawyer, then went into general practice and concentrated on family law and estate planning. About 10 years ago, she published an online article entitled "Ten Things I Hate About Prenuptial...
When you create a prenuptial agreement, make sure it’s strong
In a divorce, your partner and their attorney will almost certainly fight for as much property, money and other assets as possible. If you are not careful, they could succeed, leaving you financially devastated. One of the best ways to prevent this scenario is by...