Posted by Nydia Streets of Streets Law in Florida Prenuptial Agreements
Is a Florida prenuptial agreement only for wealthy people? This is a common misconception. On the contrary, prenuptial agreements serve a greater purpose than just protecting substantial assets.
Prenuptial agreements should be viewed as an advanced marital settlement agreement - that is, in case you divorce in the future, you and your spouse are agreeing on what happens now so that you do not spend a lot of time, money and aggravation later deciding this. Prenuptial agreements can determine asset and debt splits, whether alimony will be paid, and even what happens if one spouse dies during the marriage. Prenuptial agreements can also help couples get on the same page about finances during the marriage and lay out expectations for both sides as to how money will be spent and managed during the marriage.
In short, prenuptial agreements in Florida are a good way to give yourself and your spouse-to-be peace-of-mind for a fraction of what it would cost to pay divorce lawyers to help decide what happens if the marriage ends. Planning helps to avoid headaches in the future. The hope is that after you sign the prenuptial agreement, you and your spouse leave it in a drawer and never need it because you never get divorced. But in case you do, you can part ways without much dispute, if any.
Schedule your meeting with a Miami prenuptial agreement lawyer to learn how this type of contract may help you based on the specifics of your situation.