Prenuptial and Postnuptial Agreements
Protect Your Assets with Prenuptial & Postnuptial Agreement
We specialize in drafting prenuptial and postnuptial agreements to protect our clients’ interests in Bucks County and Northeast Philadelphia, Pennsylvania. While no one enters marriage planning for divorce, these agreements provide asset protection against potential disputes, safeguarding property and financial interests.
What are Prenuptial and Postnuptial Agreements?
Prenuptial agreements are signed before marriage, while postnuptial agreements are signed after. Both documents serve to define joint and separate assets and liabilities, ensuring clarity and protection for both parties. They are particularly beneficial for protecting pre-marital assets, inheritances, and gifts, and can prevent costly legal battles in the event of a divorce.
Benefits of Prenuptial and Postnuptial Agreements:
- Asset Protection – Secure pre-marital assets, real estate and business interests from becoming marital property. This is especially important for individuals entering marriage with significant assets or those in second marriages with obligations to children from previous relationships.
- Financial Disclosure – Outlines financial arrangements, including alimony, spousal support, and debt responsibilities.
- Estate Planning – Aligning estate plans with marital agreements, protecting inheritances and business interests from unintended distribution.
- Avoid Legal Disputes – A well-drafted agreement requires full disclosure of assets and independent legal advice for both parties, ensuring fairness and enforceability.
Prenuptial Agreements for Second Marriages
In second marriages, prenuptial agreements can be essential for protecting children’s inheritance rights and managing obligations from previous relationships. Proper estate planning, including joint wills, trusts and business succession planning, should be considered to protect assets.
Drafting and Enforcing Agreements
Bucks County prenuptial agreements attorney Leonid Mikityanskiy has extensive experience in drafting and negotiating prenuptial and postnuptial agreements. These agreements, like any contract, must meet legal standards for negotiation, formation, and execution. In case of dispute, our firm is prepared to litigate these matters in Bucks County and Philadelphia County courts.
Important Components of an Agreement:
- Alimony and Spousal Support – Define terms based on income and earning potential.
- Property Division – Clearly differentiate marital and separate assets in the event of legal separation or divorce, including real estate, investments, and retirement plans.
- Debt Liability – Identify individual and joint debts.
- Child Custody and Support – Address provisions for children from the marriage and from prior relationships.
- Business Ownership – Protect business interests and succession plans.
- Tax and Estate Planning – Consider tax implications and estate planning goals.
- Life and Health Care Insurance – Designate beneficiaries responsible for maintaining these important policies.
Contact Us for Prenuptial and Postnuptial Agreement Assistance
For expert assistance with drafting and enforcement of prenuptial and postnuptial agreements in Bucks County and Northeast Philadelphia, PA, contact our Southampton, PA office at 215-357-1400. Let us help you protect your interests and navigate the complexities of marital agreements.