Prenuptial agreements: protecting your assets
When you get married or enter into a registered partnership, you can make financial arrangements in advance about how you want to organize your mutual property rights. These arrangements are set out in a prenuptial agreement. They are designed to protect your assets and property, but they can also lead to disputes. If the situation becomes complex - for example, in the event of divorce or changes in personal or business circumstances - it is advisable to consult an attorney who specializes in prenuptial agreements. They can advise and assist you in any legal proceedings that may arise regarding the interpretation or modification of the terms of the agreement.
Why are prenuptial agreements important?
Prenuptial agreements provide the legal basis for the management of assets during the marriage and upon its dissolution. This is true not only in the event of divorce, but also in the event of death. If the deceased was married under a prenuptial agreement, the agreement will also determine how the estate will be settled. A clear and legally binding agreement prevents conflict. In practice, unclear or incomplete agreements often lead to disputes, such as:
- Protection of one of the spouses' businesses?
- Division of the marital home and community property?
- Investments from private funds?
- Division of joint and personal debts?
An ounce of prevention is worth a pound of cure. Seek advice early on about the need for and content of a prenuptial agreement. Specialist advice is essential, especially if there are international aspects involved, such as different nationalities or residence abroad. An experienced lawyer specializing in prenuptial agreements can help you determine whether a prenuptial agreement is appropriate in your situation.
Need legal advice on prenuptial agreements?
Our family law attorneys have extensive experience advising on and handling prenuptial agreements. We can assist you in disputes, both through mediation and litigation. Whether it is the interpretation of existing agreements or the drafting of a notarized prenuptial agreement, an experienced prenuptial lawyer will ensure that your interests are protected.
