Protecting Your Financial Independence Before A Divorce

For many newlywed couples, divorce or separation feels like an abstraction they will never have to confront. However, many marriages that begin with love and happiness gradually dissipate and end in divorce. To protect yourself in the event of separation, creating a valid prenuptial agreement can determine numerous factors that are sources of contention during a divorce. This is especially important for parties marrying for a second time.

Understanding The Many Benefits Of Prenuptial And Postnuptial Agreements

While there are plenty of stereotypes out there that portray prenuptial agreements as protections reserved for the wealthy, there are practical benefits to these agreements that can help families of varying financial means during divorce.

As a family law lawyer, I can help parties understand how such an agreement applies to his or her lifestyle. Furthermore, I can walk you and your partner through the process of drafting an agreement that will hold up in court and complies with state law.

Below are just a few of the benefits a prenuptial or postnuptial agreement provides:

  • Protecting your assets — including business interests and investments
  • Protecting you from assuming the debts of another party
  • Predetermining the division of property in the event of death or divorce
  • Clarifying financial rights and obligations during a marriage
  • Avoiding prolonged and costly disputes

An Attorney Offering Peace Of Mind

More than just a layer of security for your business, property and other assets, a prenuptial agreement also ensures that your children are protected during divorce. For families with children from previous marriages, it may be important to clarify precisely how assets and support will be distributed if the marriage should end.

By taking the time to carefully draft a prenuptial agreement today, you can rest easy knowing you and your children will be protected from any of the stresses a future divorce might hold.

I will answer all your questions while helping you and your partner reach an agreement that protects your financial well-being. Contact the Rockville-based Law Offices of Susan J. Rubin, LLC by calling 301-284-8790, or by filling out my online form.