Prenuptial agreements can be essential to amicable marriage agreements for couples. A prenup can protect either party in the relationship from a loss of financial security and assets in the instance of a divorce. If you need to set up a prenup, you need to work with the Law Office of Diron Rutty. Below are a few reasons why you may want to consider getting a prenuptial agreement created.
You Own Significant Assets
Prenups can be a good idea if you have a lot of assets to your name that you want to protect. This might be a business that you do not want your spouse to gain access to in the case of a divorce. This might also cover family possessions that you do not want to have to split up in a divorce.
Protect Child Custody
Prenups can be used to protect child custody in cases where a spouse wants to make sure that their children will not end up living with the other parent after a divorce. This can be arranged in advance by the agreement of both spouses.
Your Spouse Has a Lot of Debt
If you are marrying someone who comes into the marriage with a large amount of debt, you might want to be protected from assuming the debt after a divorce. This can be tax debt or some other kind of debt that you do not want to be associated with your name after the divorce. Debt can be a major setback for anyone and you might want to be free of your spouse’s debt after a divorce.
You Own Property That You Want to Keep
If you have a family business or other property that you want to be protected from being forfeited or divided in a divorce, you should use a prenup to be sure that this doesn’t become an issue. This can be a great way to protect your family from financial issues related to your divorce.
No matter which reason has governed your concern related to a prenup, there are often good reasons for having a prenup and fewer reasons not to have one. A prenup can protect both parties in the event of a divorce and can ensure that there are no changes of heart about verbal promises down the road. The Law Office of Diron Rutty can take care of your prenup agreement needs with ease!