Most couples, planning to get married in today's society, should have a prenup. This is particularly true for those couples bringing significant assets into their marriage. In that case, a prenuptial is like an insurance policy. No one ever intends to have an emergency, but it's very good to have insurance to minimize the damage if an emergency does occur.
While many people have a negative connotation when it comes to prenuptial agreements, the truth is that prenuptials can be beneficial to more than just the wealthy. Learn why you should consider creating this legal document before saying, “I do”.
A prenuptial agreement is particularly important in these situations:
Divorce attorneys in West Palm Beach agree that prenuptial agreements have been around and been used before marriages for more than 30 years. For couples who have one or more of the partners with extensive wealth before the marriage or who own a business, a prenuptial can provide important financial structure in the event that a marriage ends in divorce.
People who live in Jupiter, Wellington and elsewhere in Palm Beach County, know that social media is here to stay. However, the idea of social media merely as a form of communication and entertainment is clearly outdated. It is now evident that the power of social media can extend into everything from impacting career success to damaging reputations to disrupting marriages.
Family lawyers often are asked questions about prenuptial and postnuptial agreements. A prenuptial agreement occurs between individuals who are planning to marry. It deals with the obligations and rights of the parties in the event that they either die or divorce.
Effective October 1, 2007, Florida adopted a version of the Uniform Premarital Agreement Act (UPAA).Florida Statute § 61.079 is a prospective statute and only applies to those prenuptial agreements drafted after October 1, 2007.Florida's version of the UPAA deals only with premarital agreements. It does not have any effect upon Marital Settlement Agreements and Post Marital Agreements.In addition, to the extent that prior Florida case law is not inconsistent with the Act, prior case law still is valid and will continue to affect interpretation of prenuptial agreements drafted before and after October 1, 2007.