Pre- and Post-Marital Agreements
For many individuals contemplating marriage, a pre-marital agreement, often referred to as a “pre-nuptial” or “ante-nuptial” agreement, is not only a wise investment financially, but also an effective way to minimize fears and insecurities.
This is particularly true when such individuals have substantial asset holdings or business interests that need to be protected from potential claims in the event of a divorce or upon death.
A pre-marital agreement allows individuals who have been married before or who have had other relationships, to preserve their wealth for any children born of those marriages or relationships. Such an agreement is also beneficial for individuals who have a substantial income and therefore, potential exposure to claims for maintenance. A pre-marital agreement forces the parties to think about and negotiate in advance, how things will be resolved in the event their marriage later dissolves. It can also be used to delineate each party’s responsibilities and expectations for the marriage, thereby enhancing the strength of the relationship and diffusing any potential conflicts over sensitive issues.
A post-marital agreement is drafted for similar purposes, but is done after the parties are already married, and if challenged, will be scrutinized by a more strenuous legal standard. The attorneys at Grund & Leavitt are skilled at drafting creative, but legally-sound pre- and post-marital agreements to protect the current and future interests of our clients. Our agreements are customized and tailored to the unique facts and circumstances of every client and to their particular concerns.