Salt Lake City Premarital/Prenuptial Law Attorney
Protect Your Property Rights
People choose to sign prenuptial agreements for many reasons, but the underlying rationale is usually to avoid expensive divorce litigation. It makes sense. When each person's rights and obligations are specified in a prenuptial agreement, the time and money spent on divorce are reduced.
Negotiating a prenuptial agreement can be a very sensitive issue. We balance the emotional factors with the practicality of saving the couple considerable expense if the marriage ends. Our attorney can assist you with the details of a prenuptial agreement that protects each party. For a free consultation, please call Stavros Law, P.C., at 801-428-0719.
What Can a Prenuptial Agreement Do for You?
A prenuptial agreement is a legal contract listing the assets and debts belonging to each party before the marriage. It establishes each person's property rights should the marriage end in divorce or if one person dies before the other.
Prenuptial agreements can be beneficial for individuals with a high net worth as well as people who have modest assets. They are generally recommended for anyone who wishes to set aside certain assets for children or protect property rights in the event of divorce or the death of a spouse.
Prenuptial agreements in Utah may be used for the following reasons:
- Preserve assets you bring to the marriage
- Protect assets for children in blended families
- Specify property division in the event of divorce
- Keep individual debts and obligations separate
- Set limits on alimony/spousal support payments
- Specify who will pay attorneys' fees in the event of divorce
There must be reasonable disclosure from each party of all assets and debts at the time the prenup is drafted. Each party must sign the agreement and enter into it voluntarily. If these criteria are not met, the agreement will not be binding.
Salt Lake City Premarital/Prenuptial Law Lawyer
To schedule a free consultation, please call 801-428-0719 or contact us online.
Written by the Office of Stavros Law, P.C.