No one wants to look at the possible end of a relationship, yet marital agreements may actually reduce future disagreements.
UB Greensfelder attorneys advise clients on the role of marital agreements to protect assets. Couples frequently use these marital agreements to determine each person’s respective rights and responsibilities in the other’s estate in the event of death or divorce. As with other estate planning instruments, careful and early planning can go a long way toward easing tensions and expediting procedures when a life event occurs, and the plan is triggered.
We assist clients with common marital agreements, including:
- Prenuptial or Antenuptial Agreements – used by couples planning to marry
- Postnuptial Agreement – used by couples who are currently married
Ideally, discussion and implementation of marital agreements reduce, rather than increase, the likelihood of future disagreement that might affect the marriage.
In the event of a second marriage, marital agreements can be particularly useful to safeguard assets for children within the merged family. These agreements help family business owners protect interests in the family business and may also be used when a spouse has (or will likely inherit) significant assets, which are to remain within his or her family. In addition, marital agreements also help celebrities, athletes, and other public figures and professionals who want to protect their earning capacity, reputation, and professional degrees.
