For individuals about to enter into marriage, it is important to think about the future. No one thinks that their marriage will end in divorce, though almost half end up that way. For those about to take the dive, a prenuptial agreement can be an important protection. The attorneys at the Law Offices of David Kohm understand the difficulty associated with contested divorces. A good Arlington attorney will have seen how things can go wrong for people who fail to protect their assets. Signing a prenuptial agreement can ensure that a person’s most precious assets are out of the line of fire if divorce comes.
What is a Prenuptial Agreement?
Prior to entering a marriage, some people choose to agree on what will happen if the marriage fails. Couples who do not enter into an agreement often have a contested divorce. Under that arrangement, there will be a fight in the courts and in settlement talks over who gets what property. Agreements can sort out these things, splitting up the following important assets:
- Real property, including homes and land
- Monetary assets
- Investment assets
- Expensive jewelry and other personal property
In addition, a prenup agreement can help parties determine what will happen with custody rights if the marriage fails to last. These divorce fights can often turn ugly for people who fail to plan ahead.
How Does a Prenuptial Protect Assets?
Prenuptial contracts are binding on both parties if they are entered into legally. This means that a party with tremendous wealth can ensure that a divorce will not leave them hurting financially. In reality, both parties can benefit from the certainty that comes with these agreements. Any experienced Arlington attorney can attest that divorces are ugly and expensive without a pre-signed agreement. Neither party should have to go through that process. This is why it is so important to get in touch with a solid attorney before ever getting married. The Law Offices of David Kohm can help you draft a reliable agreement if you give them a call at 817-204-0900.
