Posted by admin , on Mar, 2015
While the decision to marry is a joyous one, it is also a step that should be taken only after thinking things through. This includes being prepared for the possibility that things will not work out the way that the happy couple anticipated. For this reason, it makes sense to talk with a Family Law Attorney in Sullivan, Indiana well before the big day arrives.
Hoping for the Best While Preparing for the Unexpected
Many couples enter a marriage with the intention of being together the rest of their lives. For some couples, this turns out to be the case. Others find that being together is not all they had hoped. Their marriages can be undermined by a wide range of factors, leading them to seek divorces and the chance to start new lives with new partners.
Along with the emotional upheaval that comes with a divorce, there is the practical matter of finances. This is where working with the Family Law Attorney in Sullivan, Indiana to put measures in place before the marriage occurs will be in the interests of both parties. Specifically, they should have the attorney create a prenuptial agreement that they can sign before they ever walk down the aisle.
What does a Prenuptial Agreement Do?
The purpose of a prenuptial agreement is to protect the assets that each party brings to the union. Typically, the terms of the agreement will stipulate that all assets and holdings that each person owned at the time of the marriage will remain their personal property if the marriage should fail. It is not unusual for the agreement to also touch on how any assets acquired during the marriage will be divided between the two parties in the event of the divorce.
While some people see these kinds of agreements as being evidence that the couple is not serious about staying together, the fact is that they are simply a practical way to protect both parties if the worst case scenario should come to pass. For any couple that is contemplating marriage, talk with the team at Feavel-Law.com and get advice on how to structure a prenuptial agreement that benefits both parties. If the unthinkable does happen, it will make ending the marriage that much less stressful for everyone concerned.