Articles Tagged with protecting assets

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Family Law Specialist Matt Arnold answers the question: “How Can I protect myself from my spouses spending habits?”

Prenuptial agreements often have a bad reputation. Marriage is “supposed” to be the union of two people who are in love and want to be married forever. When a prenuptial agreement is discussed, people often think of one spouse who is financially better off protecting his or her money in the event that the marriage ends in divorce. They think that it is a sign that the marriage will not last or be successful. This is not true. A prenuptial agreement (“prenup”) is a contract entered into before marriage that will serve as a guide in the event that a divorce happens. While people do not want to think that their marriage will end someday, it is smart to plan for all contingencies and possibilities.

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Board Certified Family Law Specialist Matt Arnold being interviewed on the Legal Forum. This was recorded in Charlotte, North Carolina. Topics discussed include: How to choose a divorce lawyer? How long does a divorce take? How much does a divorce cost? When can a person get an annulment?

Couples use pre and post-nuptial agreements to help create certainty. Divorce, after all, can be a very uncertain process. Costs can increase due to an uncooperative spouse, issues involving custody and visitation may arise or disputes might involve the division of marital assets. You can’t always predict these problems or individual behavior in advance, which is why couples turn to contractual agreements to try and bring clarity from the chaos.