How to Protect Your Prenuptial Agreement
Jan. 25, 2020
When couples get divorced, they are shocked to discover that the legal protections in their prenuptial agreements don’t hold up. Many people are surprised to find that the legal protections we put in place don’t hold up when we get divorced. You need to know that divorce happens even though you have no plan for your marriage to collapse. As such, you can help protect your wealth by ensuring your prenuptial agreement is right for you and drawn up correctly. Further facts about St. Petersburg, FL can be found here.
Why Use a Prenuptial Agreement?
You can protect yourself from debts incurred by your former spouse before marriage and also your assets through a good prenuptial agreement. Experienced family lawyers at BKG Mediation, LLC, St. Petersburg, will explain how these agreements can protect your right to wealth built during the marriage. Prenuptial agreements can also protect children from a previous marriage or future marriage. People can also get cover for legacy assets that have been in a spouse’s family for generations through prenuptial agreements. Information about Don't Make These Critical Mistakes with Your Prenuptial Agreement can be found here.
Why Problems Arise
Typically, there can be problems when these agreements don’t adhere to the required formalities to ensure their validity, especially if the contract was entered into during duress. The court may interpret it as a one-sided or evidence of duress agreement if one party signs it close to the wedding date when presented by the other party.