Tuesday, July 6, 2010

Love and the dotted line

Most people take marriage seriously, and hold high hopes for their new relationships. Little wonder then that prenuptial agreements aren't high on any betrothed's desirability list. After all, thinking about a prenuptial agreement is often feared akin to planning the end of a relationship before it's even begun. But in these times of soaring divorce rates and uncertain financial stability, it only makes sense that people should be concerned with such practicalities, dreary though they may be. While deciding between a Caribbean or a Mediterranean honeymoon is undoubtedly more pleasurable, if there's any uncertainty about your forthcoming marriage, financial or otherwise, then you should consider creating a prenuptial agreement.

Simply put, a prenuptial (also known as an antenuptial) agreement is a legal agreement signed by you and your future spouse. Normally, they deal with straightforward financial and legal issues in the event of a divorce or a death -- what will be done with the house, any stocks, bonds, or other such marital assets. They might also include some extras like custody arrangements, spousal support, or even what happens to the family pet. According to Lester Wallman, a partner in the Manhattan law firm of Wallman, Greenberg, Gasman and McKnight, and author of Cupid, Couples & Contracts: A Guide to Living Together, Prenuptial Agreements, and Divorce, an agreement can be specifically tailored to the couple's needs and wants.
By Brad Marcoux

To read this article in its entirety, please click here.

For more information, contact the Family Law Offices of Renee M. Marcelle at (415) 456-4444, or online at http://www.familylawmarin.com/--

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