What to Include in a Prenuptial Agreement
In a legally binding prenuptial agreement, the couple will set forth how
divide property and debts incurred before and during the marriage. In addition, the prenuptial
agreement may also set forth conditions for spousal maintenance and additional
distributions of property, depending upon the length of the marriage.
Keep in mind that a prenuptial agreement cannot outline terms regarding
child support or
What to Consider When Drafting a Prenuptial Agreement
Prenuptial agreements are not exclusively for celebrities or wealthy couples.
They can benefit people from all walks of life.
A couple should consider a prenuptial agreement if:
- The parties have a significant difference in income and assets
- This is a second marriage
- One party has a high debt load
- One party is a business owner
- One party’s estate planning focuses on inheritance to prior born children
- One party is going to give up their career as a result of the marriage
Although most couples enter marriage with their eyes on forever, by executing
a prenuptial agreement, the couple is provided certainty and clarity regarding
what would happen in the event of a divorce. Prenuptial agreements should
be signed well in advance of the wedding day. In addition, each party
should hire their own attorney to ensure that they are making well-informed
financial decisions before signing the prenuptial agreement.
Attorney Hains Can Assist with Your Prenuptial Agreement
With a decade of experience in
family law, Attorney
Joshua R. Hains has a deep understanding of the prenuptial agreement process. If you are
seeking an experienced attorney to help draft, negotiate, or challenge
a prenuptial agreement, choose Hains Law, LLC.
Contact us at
(317) 588-2883 now to get started.