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...
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Prenuptial Agreements
How to create a fair 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...
Reasons to get a prenuptial agreement
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...
More couples are using prenups in the startup age
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...
Prenuptial agreements may be ideal later in life
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...
Millennials and prenups
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...
Prenuptial agreements result in greater financial awareness
When the subject of marriage arises, divorce might feel like an inappropriate topic. Divorce remains a possibility, however, and negotiating a prenuptial agreement could help a couple understand their financial position and priorities. The act of creating a contract...
Should you get a Prenuptial Agreement?
A prenuptial agreement is a legally binding agreement between two people who intend to marry that determines how assets and debts shall be divided upon a separation, divorce, or death. It may also determine whether or not or how much spousal support or alimony will be...
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Marriage is serious decision in Virginia, but so is divorce. As a result, some couples choose to protect themselves and their assets by signing a prenuptial agreement prior to tying the knot. In fact, according to a 2016 survey by the American Academy of Matrimonial...
Can pets be addressed in prenups?
Prenups are not just for addressing money matters. They can also have terms regarding something that is very important to many couples: Family pets. Why might couples want to consider having pet-related terms in a prenup? Well, pets are something that can trigger a...