Greta Hoffman has drafted and/or reviewed prenuptial agreements for many of her family law clients looking to protect their assets in the event of a divorce. Her strong attention to detail ensures that no area of your finances will be overlooked when creating your prenuptial agreement.
A prenuptial agreement is a contract entered into between two people before marriage that clearly details how the couple wishes to resolve all financial issues in the event of a divorce. It can be the best way to safeguard premarital property and assets.
A well-crafted prenuptial agreement can address the following financial issues:
- Protect premarital assets
- Protect the inheritance rights of children from a previous marriage
- Protect the financial interests of a pre-existing family business
- Outline terms for spousal support or waive it altogether
- Determine the distribution of assets acquired during the marriage
Do I Need a Prenuptial Agreement?
If you and your future spouse are entering into your first marriage, do not have children, and have similar assets, then a prenuptial agreement will most likely not be necessary.
However, a prenuptial agreement is very important for people who have accumulated sizeable assets prior to the marriage, especially when there is a significant disparity in the assets of the two people getting married. Many people entering into second marriages opt to sign prenuptial agreements to ensure that their premarital property will go to their children from a previous marriage instead of to the new spouse in the event of divorce or death.
Do I Need an Attorney?
It is very important that both parties are represented by an attorney when signing a prenuptial agreement. If one party does not have a lawyer, you run the risk that your agreement will not be upheld by the courts.
By signing a prenuptial agreement, one person is agreeing to waive rights to assets and property that he or she would otherwise be legally entitled to. In such a situation, it is essential to have legal representation so that you can be confident that the agreement is fair for both parties.
Greta Hoffman has a great deal of experience with prenuptial agreements. She understands how to analyze financial statements in order to ensure that her client's rights have been safeguarded. Ms. Hoffman is committed to providing her clients with honest and sound legal advice to obtain an agreement that adheres to the current laws of Kentucky.
Please contact Northern Kentucky family law attorney Greta Hoffman, serving Boone, Campbell, Gallatin, Grant and Kenton counties, today to learn more about her prenuptial agreement services.
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