Prenuptial and postnuptial agreements are useful at any age, and especially in the event of a second marriage. Sometimes people view these agreements as a sign of one partner's lack of commitment to the marriage, but both partners can benefit from having these simple legal safeguards in place. I encourage fair marital agreements, and each partner understanding exactly what will happen if the relationship fails or how assets will be distributed from a previous marriage can actually make your bond stronger.
Understanding your partner's intentions and concerns upfront, and solidifying legal solutions with an experienced lawyer protects you, your spouse and your children in many situations.
At Judy A. Oxford, Attorney at Law, I apply many years of family law experience to gain a comprehensive understanding of your assets, intentions and concerns. I can help you draft a straightforward prenup or postnup, but in the end the decision is up to you and your spouse. I will fully inform you of the benefits and the consequences of marital agreements. You will know exactly what you are getting into, and you will be prepared to make an informed decision about the best option for your family.
Contact me today to schedule a consultation and discover the options you have for legal protections in your marriage contract.
Protect Your Assets, Define Responsibility, Preserve Your Children's Inheritance
There are certain situations in which I strongly advise my clients to consider a prenup or postnup. I like to hope that every marriage bond will last, but even if they do, there are certain financial and business decisions in marriage that spouses may not be able to agree on. Marriage problems can be another reason to define parameters with the use of a postnuptial agreement. Both vehicles can dictate how finances, business and assets will be handled during marriage and in divorce.
Tennessee is an equitable distribution state, and the court will look to split assets in a way the court thinks is fair, regardless of what you think you are entitled, unless you have a legally drafted prenup or postnup. A valid marriage contract can give structure to, clarify and protect many financial decisions, including:
- Assets you owned before marriage
- Liability for your spouse's debts
- Tax filing responsibilities
- Banking responsibilities
- Handling spending and debt as a couple
- Dividing income from a joint business
- Treatment of marital property (assets obtained during marriage)
Prenup And/Or Postnup In A Second Marriage
These prudent contracts protect assets accrued before a second marriage, and they can help to protect the inheritance you wish to save for your children from a prior marriage. Both spouses deserve to have a clear understanding of each other's ambitions and concerns in marriage, and we strongly encourage our clients to consider prenuptial and postnuptial agreements. They are especially valuable if you have large disparities in age or finances with your spouse, whether you want to protect yourself as the spouse with fewer or more assets than your partner.
Nashville Postnuptial Agreement Attorney | Franklin Prenuptial Agreement Attorney
Contact my office directly to schedule an initial consultation at 615-791-8511 in the Franklin area. I also respond to e-mails that briefly describe your situation and concerns.