Protecting Yourself Through Prenuptial And Postnuptial Agreements
A prenuptial agreement is a sensible way for many engaged couples to clarify expectations regarding assets and income during and after the marriage (in the event of a divorce). This is especially important to people who have children from previous relationships, who own businesses or who own complex asset portfolios. Settling questions of money before the marriage may remove points of conflict and establish an intelligent base of understanding from the beginning.
How A Postnuptial Agreement Can Help You
Are you and your husband and wife thinking of a postnuptial agreement after a time of estrangement or when one of you is starting a business or anticipating an inheritance? In Michigan, a separate maintenance agreement is the way to accomplish separation of financial and legal affairs of husband and wife.
The Factors Of A Valid Prenuptial Agreement
When attorneys of Marrs & Terry, PLLC, represent spouses seeking prenuptial agreements, we make it clear that we can represent only the fiancé or the fiancée, and not both. We strongly urge the other engaged person to seek his or her own lawyer before agreeing to provisions a prenuptial agreement. Indeed, giving the other party the opportunity to consult with separate legal counsel is one of the three factors that must be satisfied for a prenup to hold up in Michigan.
Other conditions that must be satisfied for the creation of an enforceable prenuptial agreement include the following:
- Both parties must have made full disclosure of all property.
- The agreement must not be unconscionable. (It must be reasonable.)
Protect Your Rights And Contact A Family Advocate For All Your Legal Needs
Contact a family law attorney at Marrs & Terry, PLLC, who will take the time to listen to your objectives and thoughtfully assist you in crafting a suitable prenuptial agreement or separate maintenance agreement. Call us toll-free at 734-663-0555 or e-mail us today .Our experience, our dedication and our availability to work one-on-one with our clients are compelling reasons to entrust your prenup, postnup or separate maintenance matter to our law firm.
Family law attorneys of Marrs & Terry, PLLC, are available to advise you on other legal issues that may or may not be affected by your marriage or divorce, including the following:
- Probate Law
- Real Estate Law
- Deed Preparation and Recording
- Title Opinions
- Land Contract Preparation
- Collection Actions
Also see our bankruptcy and foreclosure site if you face overwhelming financial difficulties.