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Should You Consider A Prenuptial Agreement?

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A Prenuptial Agreement is an important legal tool that establishes each future spouse’s financial rights and obligations after marriage, and in the event of a separation, divorce or death. Here are some points to consider.

If you are considering a Prenuptial Agreement, you should discuss your situation with a knowledgeable attorney. Our Pittsburgh prenuptial & postnuptial agreement lawyers at Bunde & Roberts, P.C., can help you create an enforceable and comprehensive Prenuptial Agreement tailored to your specific goals, needs, and circumstances.

Specific Points to Consider

Here are some points to consider when thinking about whether you should have a Prenuptial Agreement:

  1. You have significant assets that you wish to protect. If one or both of you have significant assets, such as real property, investments, or business interests, you may want to direct what happens to these assets in the event of a separation, divorce, or death, rather than leaving it up to a court to decide.  A Prenuptial Agreement allows couples to preplan how those assets will be treated if one party later files for divorce or dies.
  2. You wish to make specific financial decisions in advance. A Prenuptial Agreement can be used to determine how specific financial decisions will be handled after the marriage (e.g., how much, if any, support will be paid or received if there is an unavoidable divorce). In addition, a Prenuptial Agreement can direct how investments and savings will be managed during the marriage.
  3. You have children from a previous relationship. If you have children from a previous relationship, and you wish to establish that those children receive certain of your assets notwithstanding your marriage, a well-crafted Prenuptial Agreement will help safeguard your desires with regard to those existing assets.

If your situation falls into one of these categories, it will make sense for you to consider having a Prenuptial Agreement.  There are many other reasons why a Prenuptial Agreement may be right for you.

Get Legal Counsel to Discuss Your Situation

Prenuptial Agreements are designed to provide clarity on financial issues arising from marriage—so having one in place before saying “I do” can give both partners peace of mind. Our lawyers at Bunde & Roberts, P.C., can provide you with the guidance you need regarding a Prenuptial Agreement. Call 412-391-4330 today to discuss your case.

Source:

legis.state.pa.us/cfdocs/legis/LI/consCheck.cfm?txtType=HTM&ttl=23&div=0&chpt=35&sctn=2&subsctn=0

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