Prenuptial Agreements are wise for anyone entering into a marriage with wealth they would like to protect. The reasons for wanting to protect themselves varies. They may have gone through a divorce, they may have worked hard to earn the assets, they may want to protect funds for the benefit of existing children.
Ms. Reese can draft a Prenuptial Agreement for you, or help you review a document to ascertain if it is a document that will bring about a fair result in the event of death or divorce. More often than not, there is a negotiation that goes on before any agreement is signed.
No. The law will generally allocate to you any property you owned before marriage if you do not mingle it to the point of non-recognition with marital property and the courts will divide marital property between the parties absent an agreement in the event of a divorce. A Prenuptial Agreement, however, removes the uncertainty of a judicial determination.
They are valid upon marriage, so the contract is never validated if there is no marriage.
Contact or call us at 703.279.5140 to learn more about Prenuptial Agreements.