Posts

Showing posts with the label Prenuptial Agreements

Reasons to Establish a Prenuptial Agreement

Image
Planning your life together as you enter into marriage is an exciting time. Although planning your wedding is a fun step to take together, there is much more to planning your future together. Depending on your unique situation, a prenuptial agreement (prenup) may be a good idea for your marriage.  Our Lake of the Ozarks attorney can help construct an agreement to help protect you if your marriage ends due to death or divorce. While it may not be the most romantic topic to discuss, it’s an important discussion that needs to happen, in certain circumstances. Learn a few reasons why a prenuptial agreement at the Lake of the Ozarks may be the right choice for you. Couples with a Significant Income Differences Getting married to someone who makes significantly more or less income than you do could create problems in the event of divorce. Without a prenup in place, and depending on several factors, a disparity in income between the parties may be a factor in awarding maintenance,...

6 Questions To Ask When Building A Prenuptial Agreement

Image
If you're one of the hundreds of couples to have gotten engaged over the holidays, chances are you are already knee-deep in the wedding planning process. There is much to discuss - how many guests you want to invite, where you want to get married, whom to have in your bridal party, and countless other details must be attended to. Of course, planning the wedding itself isn't the only task ahead of couples planning to get married. O'Donnell Law Center is here to remind you of another important task to address as you prepare to enter into a new marriage. Building A Prenuptial Agreement If you are getting married in the near future, consider establishing a prenuptial agreement. This agreement sets the basic ground rules for which of your assets and liabilities will be shared and which will be kept separate. It helps outline how assets and liabilities will be divided in the event of a divorce, which can be especially valuable in relationships where one of the spouses...

3 Tips To Help You Build A Solid Prenuptial Agreement

Image
There are few times in a person's life as romantic as planning a wedding. Once you've gotten engaged to the man/woman of your dreams, your life may seem like a whirlwind of planning and excitement. Amidst all of this excitement, however, it is important to dedicate some time and attention to one slightly less romantic (but equally critical) part of the process: building a prenuptial agreement . Understanding The Importance Of A Prenuptial Agreement Barring certain unusual circumstances, no newlywed couple thinks their marriage will end in divorce. Since the U.S. divorce rate continues to hover around fifty percent, however, the unfortunate truth is that approximately half of these newlywed couples will eventually experience it. Hopefully it won't happen to you, but it is important to be be prepared just in case. Building a prenuptial agreement is an important part of being prepared. By building this document before you say "I do," you can establish some ...

Should You Have A Prenuptial Agreement?

Image
For those who you who may be getting married in the near future: congratulations! Marriage is a grand adventure that will be unlike anything else you have ever experienced. In addition to its many social impacts, marriage has some legal implications, too. If you and your fiance have not done so already, it's important to set aside some time during your wedding planning and discuss the possibility of establishing a prenuptial agreement.   O'Donnell Law Center  may be able to help. What Is A Prenuptial Agreement? Simply put, a prenuptial agreement (also known as a "prenup") is a written agreement between you and your spouse-to-be  that you enter into before you tie the knot. This document serves as a basic guideline for how your assets will be distributed in the event of death or divorce. Obviously, no engaged couple wants to think about the possibility of their marriage ending, but unfortunately, death is a fact of life for everyone, and divor...