Articles Tagged with premarital assets

Couple's prenuptial agreement on a desk with wedding rings, legal documents, and asset protection books beside the Arnold & Smith PLLC logo.Five Reasons to Have a Prenuptial Agreement

A prenuptial agreement is a contract that you and your fiancée enter into prior to your marriage. Many people dismiss a prenuptial agreement because they associate it with negative connotations or for other reasons. However, a prenup is a useful agreement that provides clarity and definition on issues for couples before they take their wedding vows. Here are five important reasons to put a prenuptial agreement in place before you get married.

A Prenup Gives Couples Financial Transparency

Board Certified Family Law Specialist Matt Arnold answers the question: “How will the judge divide our property?”

It is a fairly common practice in the United States to consider a prenup before marriage. This is especially true if you are rich and/or famous and have substantial assets to protect. The goal of the prenup is to shield these assets so that they remain safe in the event of a divorce. Though prenups are not just for those with lots of cash in the bank, wealthy individuals are especially well served by considering the drafting of such an agreement.

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