The Benefits Of Establishing A Prenuptial Agreement
For business owners and other high net worth individuals, the prospect of marriage is often accompanied by the concern of losing assets acquired before the marriage in the event of a divorce. By establishing a prenuptial agreement, you can alleviate many of these concerns so that you can focus on the joy the occasion brings. The following are some of the key advantages of establishing a prenuptial agreement:
- It protects premarital assets.
- It allows the involved parties (not family court judges) to decide how wealth and assets will be divided in the event of a divorce.
- It assigns debt.
- It protects the inheritance rights of children and other family members outside of the marriage.
- It provides a framework for resolving potential disputes.
Of course, your legal agreements mean little if they are poorly-drafted and will not stand up to judicial scrutiny. With more than 27 years of experience, attorney Kathryn Lanigan Pruitt leads a team who knows how to properly draft and vet prenuptial agreements so that they truly capture the wishes of the firm’s clients. Led by a board-certified family law attorney, Pruitt Law Group, PLLC, provides skilled representation to business owners, executives, professional athletes and other high net worth individuals in Frisco and throughout the surrounding areas.
Talk To An Attorney Before Signing
Pruitt Law Group, PLLC, also represents people who have been asked to sign prenuptial agreements. Before you sign, the lawyers of Pruitt Law Group, PLLC, can help you understand the terms of the contract and how it will affect your long-term financial interests. If the terms are not to your liking, they can help you negotiate for a better contract.
Learn More About Protecting Your Financial Interests
Whether you are seeking to establish a premarital agreement or being asked to sign one, Pruitt Law Group, PLLC, is here to provide you with the skilled advocacy you need. To arrange a confidential legal consultation, contact the firm online or by telephone at 469-998-4830.