Many couples enter into a marriage with some individual assets. Those assets are considered separate property and, generally, will not be divided if the couple divorces. Separate property also includes an inheritance or a gift made directly to a party during the marriage, provided it remains titled … [Read more...] about Should You Use a Trust or a Prenuptial Agreement to Protect Your Separate Assets From Your Spouse?
Do You Need a Prenuptial Agreement If You Are Not Wealthy?
While most people associate a prenuptial agreement with a wealthy person wanting to keep control of their money, that is not necessarily the case. Regardless of how much money you have, you may have good reasons to protect your separate assets and plan for how marital assets and debts will be shared … [Read more...] about Do You Need a Prenuptial Agreement If You Are Not Wealthy?
Are You Considering a “COVID Prenuptial Agreement?”
Prenuptial agreements are a good idea in most marriages. While many think they are only appropriate for rich people, the reality is that as couples enter into marriage later in life, they are more likely to have concerns that can be addressed in a prenup. There has been growing awareness of the … [Read more...] about Are You Considering a “COVID Prenuptial Agreement?”
How to Ask for a Prenuptial or Post-Nuptial Agreement
Prenuptial and post-nuptial agreements are used to help couples address financial issues that may arise during their marriage and in the event of divorce, separation or death. The only difference between the two agreements is timing. A prenup is entered into before the vows are exchanged, while a … [Read more...] about How to Ask for a Prenuptial or Post-Nuptial Agreement
Why Millennials Need a Prenuptial Agreement
Statistics show the average age of couples marrying for the first time has been steadily rising. According to Pew Research Center, the median age at first marriage is at 30 years for men and 28 years for women in 2018. Men and women are waiting to first establish careers, pay down debt, and … [Read more...] about Why Millennials Need a Prenuptial Agreement
A Better Marriage is a Post-Nuptial Agreement Away
While most everyone has heard of a prenuptial agreement, a post-nuptial agreement is less well-known. A post-nuptial agreement addresses the same financial issues as a prenup, but it is signed during the marriage instead of before it. Both agreements have the same benefit of getting couples to … [Read more...] about A Better Marriage is a Post-Nuptial Agreement Away