Prenuptial Agreements

When going into a marriage, some couples like to consider the option of utilizing Prenuptial Agreements in order to ensure their safety. There are many things to be addressed when creating a Prenup, which is why it’s important to have a trusted attorney that can help.
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What is a Prenuptial Agreement?

Prenuptial Agreements are contract made between two individuals who are planning to get married. It sets forth the rights of each spouse and property division in a divorce. It can also address certain issues not set forth in a will if either spouse dies. A Prenuptial Agreement only becomes enforceable if the couple actually gets married.

Who needs a Prenuptial Agreement?

Usually individuals with significant assets execute a Prenuptial Agreement to keep their money and property separate. Also, couples on a second or third marriage may use it to avoid another messy divorce.

What does a Prenuptial Agreement cover?

A Prenuptial Agreement can resolve any matter relating to the spouses’ property, alimony, assets and debts. It may deal with some of the following issues:

  • each spouse’s rights to certain property owned individually or as a couple
  • the division of assets and debts in the event of divorce or death
  • the division of expenses during marriage
  • whether gifts and/or inheritances will be considered marital or separate property
  • whether either spouse is entitled to alimony in the event of divorce, and if so, how much and for how long
  • whether each spouse will receive death benefits from the other’s insurance policy

Mans and female hands hold wedding rings.

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Contact a Family Law Attorney in Minnesota

Prenuptial Agreements are serious contracts that may be enforced in the event of a marriage. Family Law Attorney Kay Snyder is here to help you with all of your legal needs. Contact us to set up an appointment with one of Minnesota’s most experienced and well-trusted attorney.

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