A prenuptial agreement is an agreement between a couple engaged to be married. It is best that the terms of a prenuptial agreement are negotiated well in advance of the wedding. There are various reasons a couple may decide to enter into a prenuptial agreement; for example, it may be used to outline the way assets will be dispersed in the event of the death of one of the spouses or a divorce.
It is imperative that both the bride and groom provide full disclosure of all of their assets and liabilities when entering into a prenuptial agreement. The couple may address the terms of any spousal support in the event of a divorce. However, if there is a divorce, the Court will determine spousal support based on the circumstances at the time of the divorce, not at the time the agreement was executed.
There is often so much time and energy placed into planning a wedding, which lasts one day. It is prudent to seek the advice of counsel to determine if entering into a prenuptial agreement is best for you and your spouse, as time should be spent planning your future as well.
The attorneys at Zoller|Biacsi have negotiated and drafted many prenuptial agreements, representing clients of all economic situations. We do our best to make certain the negotiations are non-confrontational, as we understand there are many delicate issues to be addressed in a prenuptial agreement. If you are interested in further information concerning a prenuptial agreement, contact our office to schedule an initial consultation.