All marriages should be based on trust. However, there are times when the worst situations need to be evaluated to ensure that everyone’s best interests are kept in mind. For example, many marriages may begin with an agreement, also known as a pre-nuptial agreement that resolves property issues in the event of a divorce.
Jack Rounick, attorney in the Southeastern, PA area, is well versed in helping his clients write pre-nuptial and post-nuptial agreements. While some couples find them to be unnecessary, they can be very helpful in protecting assets in the event of a divorce. In many cases, they are written up in instances when one partner has more wealth or a business to protect. Instead of having the business or finances divided by the Court as in a traditional setting, many individuals may want to protect them in case a separation or divorce occurs.
Such agreements cover the finances and division of assets if a divorce were to occur. Separate property versus marital assets may be discussed, determining what each individual is bringing into the marriage and what they will receive if it were to fall apart. Pre- and post-nuptial agreements cannot include child custody agreements as this is often determined by the courts, especially if there are specific circumstances such as abuse or neglect that need to be considered.
Not every marriage requires a pre- or post-nuptial agreement but there is no harm in having one as sometimes the future is different than expected. They can come in good use when protecting assets and finances in situations where one individual has more to protect than another or where both have assets meaningful to them. However, this can lead to partners considering the true motives of the marriage. When considering a pre- or post-nuptial, couples must take into consideration the need for one, as well as how it can affect their relationship. Some couples are happy to enter into an agreement, while others may develop resentfulness.
A solid pre- or post-nuptial divorce agreement can help couples invest in their marriage and protect their assets in the event of the worst-case scenario. If you are considering writing up and developing a pre-nuptial or post-nuptial agreement before or after your marriage, contact the Law Offices of Jack A. Rounick in Southeastern, PA today to schedule an appointment and discuss the benefits of writing up this legally binding