Our Attorneys Assist With Prenups Covering Property Rights And Other Issues
There are several good reasons for which a couple may choose to enter into a prenuptial agreement. Creating a prenup does not necessarily mean they expect to divorce or lack commitment. Rather, these documents can be an important means of clarifying assumptions and protecting an inheritance, family business, family vacation home or other assets. They can be personalized to work for each unique situation. What’s right for one couple may not be what’s right for you.
The attorneys at Grotta & Associates, P.C., can help you decide what’s important as you plan to marry. With four offices and decades of experience, we can advise you from the first step to the last in the creation of a custom prenuptial agreement. We will work patiently to help you understand the process, so you feel informed and confident in your decisions.
Financial Discussions Are Important Before Marriage
Many people think that entering into a prenuptial agreement is only helpful if the couple divorces, but these documents can play an important role in the success of a marriage, too. For example, if one partner owns a business, they may want to protect their spouse from the financial impact if the business fails and/or protect business partners from interference in case of marital problems. Similarly, each spouse may have assets that they want to invest separately, and other assets that they want to invest together. A prenuptial agreement makes these decisions enforceable.
Prenuptial agreements are especially useful for people who:
- Have been married before
- Have children from previous relationships
- Own businesses
- Have or expect to receive large inheritances
- Own large amounts of land or property
- Have vastly different financial statuses
Even if you don’t fit into any of these categories, a prenuptial agreement can prevent or ease financial strain in a relationship. Creating the document provides a good way to discuss and agree on sensitive topics before marriage, including financial responsibilities, ownership and investments.
At Grotta & Associates, P.C., we work closely with each couple to help them create an agreement that works for them. We know that finances can be difficult to discuss, which is why we will listen to your goals before helping you create a strategy to meet them. Note: While we can inform partners together, we represent only one party when creating the prenup that will be formalized. We will advise the other partner to get separate legal counsel before signing.
Experienced Attorneys In Convenient Locations
Our lawyers are skilled in many different aspects of family law and work hard to stay up to date on relevant topics. Send us a message today or call Grotta & Associates, P.C., at 708-873-9500 to make an appointment at one of our locations in Cook, DuPage and Will counties.
