The numbers don’t lie: Approximately 50 percent of marriages end in divorce. As a result, more and more couples are starting to realize the importance of planning for the unexpected — in this case, divorce.
Prenuptial, postnuptial, and mid-marriage agreements offer ways for individuals to plan for their future financial security in the event that one day the marriage ends in divorce.
At Keith, Winters & Wenning, L.L.C., in Bradley Beach, New Jersey, our lawyers can help you draft an agreement that keeps your best interests in mind. To schedule an initial consultation, please contact us online today.
Many people enter into a marriage thinking that it will last forever. But considering that nearly half of all marriages fail, it only makes sense to plan accordingly. A marital agreement (either prenuptial, postnuptial, or mid-marriage) can address any of the following:
- Separate property
- Spousal maintenance/alimony
- Financial obligations
- Estate planning/inheritance, especially when spouses have children from other relationships/marriages
A marital agreement can address other concerns. When you choose to work with our law firm, we will help you determine how to best protect your individual interests through a prenuptial or postnuptial agreement.
As the name suggests, a mid-marriage agreement is an agreement that is entered into between spouses during the marriage. There may be several reasons for spouses to draft a mid-marriage agreement, but most commonly it is used when a significant change in financial circumstances has occurred since the wedding. Even if the spouses have no plans to divorce, many find security in knowing that their financial interests are protected whether the marriage continues or not.