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If you or a loved one are getting married, we highly encourage you to consider getting a prenup, also known as a premarital agreement. There are two main reasons why you should consider a prenup.
1. Allocation of Assets
A prenup can help allocate assets in the event of a divorce. For example, who gets the house, retirement accounts, or if either spouse should be awarded spousal maintenance.
2. Debts
In the event of divorce or the death of one spouse, a prenup can ensure that certain debts do not become the obligation of the other spouse.
Consider a prenup if you or someone you know are tying the knot. Having a premarital agreement in place can help protect both spouses in the case of death or divorce.
To learn more about premarital agreements, contact our office at 214-559-7202.