Prenuptial Agreements

A prenuptial agreement, also referred to as a premarital agreement, is a marriage contract entered into before a couple gets married. In a prenuptial agreement the parties can predict division of assets in the event that there is divorce. Prenuptial agreements create certainty and avoid costly divorce proceedings.

A prenuptial agreement may discuss matters during the marriage and issues in the event the marriage should end. Issues during the marriage may include how a couple will pay their separate and joint living costs and the creation of estate planning documents such as wills and trusts. Issues after marriage may include the distribution of property and assets gained during the marriage, division of the liabilities incurred during the marriage, designation of each person’s separate property as non-marital, spousal support amounts in case of divorce, and life insurance rights.

If you are considering creating a prenuptial agreement or are looking for additional information, contact Winston Law, P.A. at susan@winstonlawpa.com or (561) 670-9375.