Asset Protection in the Event of Divorce
High-profile Hollywood marriages and divorces have made the term “prenuptial agreement” something often mentioned only in hushed voices. In reality, a prenuptial agreement is not anything to be secretive about. It is simply a document that provides asset protection for both parties in the unfortunate event of divorce.
No one can predict the future. Being prepared for the worst can take a lot of pressure off the fragile beginning of your marriage. We establish prenuptial agreements for clients of all circumstances including first time marriages, high net worth couples, and second or third marriages. We help couples plan for their future married life.
Who Needs a Prenuptial Agreement?
Not every couple entering into marriage needs to establish a prenuptial agreement. If your situation fits any of the following criteria, it may be advisable to establish an agreement to protect bank accounts and business interests.
- You are marrying for the first time later in life or entering into a second or third marriage
- One soon-to-be spouse or the other has adult children and wishes to protect their inheritance
- There is a significant disparity of income or accumulated wealth between parties
In addition to protecting assets, a prenuptial agreement may be able to, in the event of divorce, prevent matters from growing particularly contentious. A prenuptial agreement can be set up to proactively address matters of martial and separate property, spousal support and other financial arrangements often not handled until times of stress.
Drafting and Enforcing Complex Prenuptial Agreements
When drafting a prenuptial agreement, it is important to have a lawyer with experience preparing agreements that protect the interests of the clients and can be enforced if needed. We establish prenuptial agreements that stand the test of time, making way for a less contentious divorce proceeding, if necessary.
Considering a Prenuptial Agreement?
If you are considering a prenuptial agreement and have questions, please contact us to speak with an attorney. We have helped clients better understand the value of establishing a prenuptial agreement for all parties involved.
We serve the Boston North Shore region with offices located in Beverly, Salem, and Burlington, Massachusetts. We accept credit cards and available for weekend and evening appointments.