Many couples adhere to the misconception that having a prenuptial agreement is akin to preparing for failure. On the contrary, marriage is more than a commitment of love between two people, it is also a major legal commitment. It only makes sense for everyone to understand their legal responsibilities and obligations in order to protect themselves, their assets, and their futures. Speaking with a prenup attorney in Reading, PA or your community can help you determine what protections would be right for your family.
Do I Need a Prenuptial or Postnuptial Agreement?
Just about everyone who enters into a marriage should consult with a prenup attorney in Reading, PA, or the surrounding area to protect themselves and their family in the event of a divorce. Situations in which a prenuptial or postnuptial agreement may be especially beneficial include:
- When one spouse has significant assets
- When one spouse owns a business
- When one spouse has personal debts
- When one spouse has children
Both prenuptial and postnuptial agreements address the topics of asset and property division should a married couple file for divorce. It is often a difficult topic for couples to address, but our attorneys will work with you to answer any questions and walk you through the process. In the end, our goal is the same, to help you and make sense of the legal system.
The Differences Between Prenuptial and Postnuptial Agreements
Most people have heard of prenuptial agreements. These are agreements made before a marriage to determine the division of assets, custody and other issues in the event of a divorce. Without this type of agreement, a court will use state laws to determine how assets are to be divided. In some cases, this can result in a division of assets or an assigning of alimony or child support that does not feel fair to the couple involved.
Working with a prenuptial agreement attorney in Reading, PA, or your community and signing a prenup ensures if a relationship does not work out, the dissolution of the marriage happens on the couple’s terms and protects both parties.
A postnuptial agreement also decides custody, assets and other issues of a divorce. The main difference is when the agreement is drawn up:
- A prenup happens before a marriage
- A postnuptial agreement, as the name suggests, is signed after a civil union
Because of the timing, it can be a little more complicated. For example, both partners will have to have their own postnuptial agreement attorney in Berks County or their community.
The Appropriate Time for a Postnuptial Agreement
Signing a postnuptial agreement can be very beneficial if you don’t have a prenuptial agreement, especially if things have changed in your marriage. For instance, if a couple suddenly enters into business together, or one or both partners gain considerable assets or property, a postnuptial addresses the more complicated financial situation.
In some cases, a couple will work with a postnuptial agreement attorney in Reading, PA, or their community because they have a child after getting married or because one partner is unfaithful. In these cases, an agreement can protect the child or can show the unfaithful spouse is serious about working on the relationship.
If you are married and don’t have a prenuptial agreement but feel an agreement would be important in the event of a divorce, it’s not too late. Contact a postnuptial agreement attorney in Reading, PA or your area for legal advice to find out how to protect yourself and your family.
Working with a Prenuptial Agreement Attorney in Berks County and Reading, PA
Any couple getting married or experiencing big changes in their marriage should consult with a prenuptial agreement attorney. Contact the Family Law Attorneys at The Miller Law Group to speak with a prenup attorney in Berks County or Reading, PA. Your initial consultation gives you a chance to find the agreements needed to protect your family.