PRENUPTIAL AGREEMENTS

A prenuptial agreement is a contract entered into, prior to a marriage, between two prospective spouses. It is designed to establish the marital property rights and financial responsibilities of each party prior to their marriage. It is typically utilized to protect the assets which were acquired prior to the marriage for each of the parties in the event the marriage fails. Depending on the language of the prenuptial agreement, which is determined by the parties in most cases, the agreement may provide that the earnings and accumulations of each party during the marriage will remain that party’s separate property and that the other party will have no interest in those earnings and accumulations if the marriage fails. In the event you and your spouse are considering such an agreement, our firm will work with you to determine the best options for you and tailor an agreement for your individual circumstances.