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Berchem, Moses & Devlin, P.C.
  • Milford 203-783-1200
  • westport 203-227-9545
  • Norwalk 203-853-7997

Creating prenuptial agreements wise for multiple reasons

Marriage in Connecticut is not just an emotional partnership but also an economic one. This is why creating prenuptial agreements before getting married may be a wise move. For those who are already married, creating postnuptial agreements may also be expedient.

A prenuptial agreement and a postnuptial agreement are contracts that couples enter into regarding financial issues. These agreements establish each party's respective rights with regard to property, income and debts should a divorce or death occur. The agreements may also address attorney fees and spousal support in the event of divorce and may even include provisions as to how to handle an unsuccessful challenge to the agreement itself.

A major reason for prenups today is to protect any property acquired prior to marriage. Couples usually enter into postnups in order to protect inheritances for their kids from former marriages; otherwise, an estate may be passed onto a future ex-spouse and future in-laws in the event of divorce. A huge benefit of creating a prenup or postnup is that two people are essentially creating the terms of a divorce settlement upfront, which can help them to avoid the delay, expense and conflict associated with a normal contested marital dissolution case.

To make sure that a prenup is created properly, it is wise to start the process several months before the wedding. The process of creating prenuptial agreements or postnuptial agreements involves discussing the terms of the agreement, preparing a draft, disclosing financial information, and negotiating and finalizing the agreement. Proper legal guidance may help people in Connecticut effectively protect themselves in the event of divorce by appropriately creating prenups or postnups.

Source: laduenews.com, "Before the Altar: Prenuptial and Postnuptial Agreements", Brittany Nay, Feb. 4, 2016

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Berchem, Moses & Devlin, P.C.
75 Broad Street
Milford, CT 06460
Phone: 203-783-1200
Fax: 203-878-2235
Milford Law Office Map

Berchem, Moses & Devlin, P.C.
1221 Post Road East
Westport, CT 06880
Phone: 203-227-9545
Fax: 203-226-1641
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Berchem, Moses & Devlin, P.C.
9 Morgan Avenue
Norwalk, CT 06851
Phone: 203-853-7997
Fax: 203-866-2818
Norwalk Law Office Map