Benefits of a Prenuptial Agreement

Prenuptial agreements offer certain benefits to a couple contemplating marriage.  First, the negotiation of the agreement begins a discussion between the parties of their expectations, desires, and concerns regarding the marital finances.  Second, the agreement will create a degree of certainty of what will happen in the future should the marriage fail and the parties choose to separate.  Third, the parties can establish how disputes will be resolved and enable them to pursue alternatives to litigation such as divorce mediation or collaborative divorce.  Lastly, the agreement may offer protection of a spouse’s non-marital assets and/or protect a spouse from debts incurred by the other spouse.

It is important to note that a prenuptial agreement must be created with reasonable disclosure and it must be entered into by each party free of coercion in order to be considered valid. Without a prenuptial agreement, the courts may intervene to make determinations about dividing marital property, alimony, and spousal support. By engaging the services of the Law Offices of James E. Borras, you can create a well designed prenuptial agreement that will protect your interests and hopefully minimize future financial disputes. Contact Attorney James Borras today to schedule a free consultation.