In a divorce proceeding, unless the couple has worked out an agreement out - of - court or there is a
valid prenuptial agreement in place, the court is tasked with dividing the couple's marital property.
With an enforceable
Florida prenuptial agreement in place, you decide how marital property will be divided in the event of a divorce, and actually override the equitable distribution laws.
Here's why I recommend that everyone have
a prenuptial agreement in place.
Once they get married, is there any way a couple in Kentucky can protect their separate property without
a prenuptial agreement in place?
These are two ways a spouse in Kentucky can protect their property even if he or she does not have
a prenuptial agreement in place.
Although neither spouse wants to believe the marriage will end, having
a prenuptial agreement in place can protect assets, simplify the divorce process and reduce costs for both parties in the event that either party seeks to dissolve the marriage.
There are numerous benefits to having
a prenuptial agreement in place, and one of these is the process of drafting the decree.
Our firm has the resources to call upon to sort out the most complex financial situations in high net worth cases, as well as litigate when there has been
a prenuptial agreement in place that is now being contested.
At Bailey & Galyen, we work closely with men and women who want the peace of mind that comes with putting
a prenuptial agreement in place.
While the number of people marrying who have
a prenuptial agreement in place is unknown, using one to delineate ordered expectations before, during and at the end of marriage is growing.
Without a valid
prenuptial agreement in place, it is possible (in certain circumstances) that separate or premarital property could lose its separate quality and become marital property, which is divided between spouses during divorce.
And three, because 50 % of all marriages end in divorce, having
a prenuptial agreement in place is significantly cheaper that going through a nasty, contested divorce.
Even with
a prenuptial agreement in place, you still may not be able to force your spouse into having children with you.
Whilst it won't be possible to provide for every single eventuality, the advantages of having
a prenuptial agreement in place are clear and certainly outweigh the disadvantages which may be encountered in its absence if the parties do have specific interests which they wish to protect.
Ownership of these individual items of value is determined by the state handling a couple's divorce when there is
no prenuptial agreement in place.
There is also a discussion about having
a Prenuptial Agreement in place so you can work out how you will deal with your family finances once you are married.