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When it seems as if your marriage is approaching divorce, you likely have many concerns occupying your mind. If you do not have a marital settlement agreement in place, for example, you might worry about the fate of your business or other valuable assets. Perhaps the...
Couples draft prenuptial agreements to create a fair arrangement that protects assets in case of divorce. While the contract should provide peace of mind, a change in circumstances can make a document that once seemed equitable now regrettable. An individual that...
The primary purpose of a prenuptial agreement is to determine what marital assets each spouse receives if they should divorce. It may also include provisions regarding ongoing payments for support. From a public policy perspective, these contracts prevent litigation...
Ah, the prenup. If there is a family law tool that is unanimously lauded and routinely eyed by marrying couples eager to “put things in writing” prior to exchanging marital vows, well – it’s not a premarital contract. In fact (and as most readers of this longstanding...
Couples who are entering a marriage may wonder what the benefits of a prenuptial agreement are. Prenuptial agreements provide a variety of benefits and can protect both spouses in the event they decide to divorce at some point. The benefits of a prenuptial agreement...
A prenuptial agreement or a cohabiting agreement can be a good idea for couples in Virginia who are getting married or moving in together, but it is important that it is put together with input from both individuals. One woman learned this when her boyfriend gave her...
Some people in Virginia who are getting married might want to consider a prenuptial agreement. Divorce usually means having to divide property acquired during the marriage. A prenup can protect people who are entering a marriage with substantial assets, but the...
The laws in many states have a presumption that any wealth gained during the course of a marriage is the property of the couple rather than the spouses separately. For Virginia couples considering marriage, a prenuptial agreement can be a safeguard against much of the...
Individuals in Virginia tend to be older and have a higher net worth when they get married for a second or third time. Furthermore, they may have children or other interests that they want to protect in the event of another divorce. Therefore, it may be a good idea to...
When couples in Virginia get married, divorce is typically the last thing on their minds. However, even once-solid relationships have been known to end in divorce. When this happens, both spouses will have to negotiate financial issues, such as dividing joint assets...
