Why CONSIDER A Prenup Lawyer in Ohio?
A prenuptial agreement, also known as a premarital agreement or prenup, is a legally binding contract that sets forth the rights and responsibilities of each spouse in the event of a divorce or death.
While prenuptial agreements have sometimes been seen as a negative symbol of distrust in a relationship, they can actually be a valuable tool for protecting both parties’ interests and establishing a clear understanding of their financial obligations to one another.
A Prenup Protects Pre-Existing Assets and Debts
One of the primary reasons to have a prenup lawyer help with drafting and signing a prenuptial agreement is to protect pre-existing assets and debts. This can be especially important for individuals who have been married before, or who have accumulated significant assets prior to the marriage.
A prenup can ensure that these assets remain separate property and are not subject to division in the event of a divorce.
A Prenup Clarifies Financial Responsibilities
Prenuptial agreements can also be used to clarify financial responsibilities within the marriage. For example, a prenup can specify how bills will be paid, how expenses will be split, and how any debts will be managed.
This may seem like a lot to determine before marriage even begins, but as every prenup lawyer knows, disagreements over finances are a leading cause of divorce. A prenup can help you ensure you and your partner are on the same page before walking down the aisle.
Prenups Protect You In Case of Divorce
Obviously, you don’t want to be thinking about divorce before you even get married, but the fact remains that around half of all married couples will eventually get divorced. And without agreements in place, even with a quality divorce lawyer in Ohio, the process of divorce can get messy.
A prenuptial agreement can help avoid disputes over property division, alimony, and other financial issues. By having a clear understanding of each party’s rights and responsibilities, the divorce process can be simplified and less time-consuming, which means less money spent on divorce lawyers and legal battles. This can also help reduce divorce proceedings’ stress and emotional toll.
You can think of a prenup like car insurance – you obviously don’t start up your car expecting or wanting to get in an accident. But there’s always a chance it happens – even if it isn’t your fault – and if it does, you’ll be much better off if you’re prepared and protected. Hopefully, you won’t need to use it, but a prenup lawyer can help you prepare just in case.
Protect The Rights Of Children From Prior Relationships
If one or both parties have children from prior relationships, a prenuptial agreement can help protect their interests and ensure that their inheritance rights are protected. This can be especially important if one spouse is bringing significant assets into the marriage.
Family lawyers in Ohio are accustomed to seeing complicated inheritance battles between children and step-parents, especially when there is no estate plan in place. A prenup attorney can help you draft an agreement that ensures your children are taken care of in the event of your passing regardless of the relationship between them and your new spouse.
Make Your Marriage More Secure
It may seem like the opposite is true, but by establishing expectations and responsibilities in a marriage up-front, you can actually make your marriage stronger.
A prenup lawyer can help you draft an agreement that respects the rights of both sides of the marriage, and clear the air on things that would likely become future disagreements. By establishing these things openly and honestly from the start, you can enter into your marriage without any misunderstandings.
If you’d like to talk to a prenup attorney in Ohio who can help determine if a prenuptial agreement is right for you, contact Lewis Legal Solutions to schedule a consultation today!