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Have you agreed to plan for any eventuality? No one wants to look at the possible end of a relationship, yet certain marital agreements may actually reduce future disagreements.
Marital agreements are frequently used by couples as a way of determining each person’s respective rights and responsibilities in the other’s estate in the event of death or divorce.
Ideally, discussion and implementation of marital agreements reduce, rather than increase, the likelihood that there will be any future disagreement that might affect the marriage. In the event of a second marriage in particular, prenuptial or postnuptial agreements can be used to safeguard assets for children within the merged family. These agreements may also be used when a spouse has (or will likely inherit) significant assets, which are to remain within his or her family .
As with all other estate planning instruments, careful and expert planning early can go a long way toward easing tensions and expediting procedures when a life event occurs and the plan is actually triggered.
Attorneys | Prenuptial and Postnuptial Agreements
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