On behalf of Stange Law Firm, PC posted in divorce on Saturday, November 19, 2016.
If you are planning a wedding with your prospective spouse, you may be dealing with all sorts of issues related to marriage. However, prenuptial agreements can be very stressful and some people are concerned about the impact a prenup will have on their financial future, especially for those who have a high net worth. In Jackson County, and counties across the state of Missouri, it is important for you to carefully assess the ins and outs of prenups if you are in this position.
Signing a prenuptial agreement can be a smart decision that benefits both parties. That said, every situation is unique. You should understand the different ways that a prenup can protect your property and what will happen to your assets or your spouse’s assets if you divorce or one party passes away. When it comes to prenups, people cannot be coerced into signing and each party’s debts, earnings and assets must be listed.
Once you and your spouse have agreed to sign a prenup, it is crucial to cover every base, focus on protecting your interests and ensure that the contract is valid and enforceable. If you run into any complications later on, you could be able to modify the agreement. Sometimes, couples have disagreements over these contracts, but they can be beneficial for each person and you may want to have a thorough discussion with your future spouse.
If you visit our prenuptial agreements page, you can take a look at more material on signing a prenup.