It has been said that “a prenuptial agreement may not be the most romantic relationship move you’ll ever make, but it could be the most valuable.” The increase in second marriages combined with the trend of getting married later in life has resulted in more individuals creating prenuptial and postnuptial agreements.
These legally binding contracts are a smart decision for someone who is bringing substantial assets or debt into a marriage, or for someone who owns a business and wants to protect a new spouse from the liabilities that come with entrepreneurship.
But prenuptial and postnuptial agreements aren’t solely for high net worth individuals. They make sense for any couple that wants to make important decisions ahead of time regarding how assets will be handled in the event of divorce or if one spouse dies. Making these decisions when you are happy to be together will save substantial amounts of money and emotional wear and tear if the time ever comes when you are not.
Prenuptial and postnuptial agreements are also commonly used by individuals who have children from a previous marriage or grandchildren and who wish to ensure that certain assets will be passed to these parties rather than a surviving spouse in the event that they die or divorce.
The knowledgeable family law attorneys at McCarthy McDonald Schulberg & Joy will take the time to review your concerns and objectives, and draft a comprehensive prenuptial or postnuptial agreement that achieves your goals. Our Pittsburgh prenuptial agreement lawyers also represent individuals who want to challenge or defend the validity of a prenuptial or postnuptial agreement.