Minnesota Prenuptial Agreement Attorneys
Ironically, the life event that will most dramatically change your legal status doesn’t require the services of a lawyer at all. But, while it’s very easy to enter into a marriage, it’s very difficult to get out of one. One way to make a potential divorce easier is to draft a prenuptial agreement – a legally binding agreement signed before marriage that dictates how assets are to be distributed in the event of a dissolution of your marriage. Our Minnesota prenuptial agreement attorneys can help.
Couples We Have Assisted
Often, people enter into prenuptial agreements if there is a great disparity in income among the parties, or when one person has an ownership interest in a preexisting, or family-owned, business or farm. Prenuptials are also common in second marriages, when the people getting married are older, and have children or grandchildren whom they want to make sure are financially protected.
The Enforceability of a Prenuptial Agreement
To remain enforceable, a prenuptial agreement should contain a full and fair disclosure of the earnings and property of each party, each side must have the opportunity to consult with a lawyer, the agreement must be in writing, and there must be a statement of the assets and income of the parties.
Unenforceable Prenuptial Agreements
Prenuptial agreements will be enforced by a court, unless the agreement is found to be fundamentally unfair at the time of a divorce. The prenup may not be enforced if the circumstances under which the agreement was based have changed so substantially that enforcement of the agreement would not be consistent with the expectations of the parties when the contract was executed.
Even if you and your spouse are married, you can create an agreement that will dictate what happens in the event that your marriage ends prematurely. Postnuptial (after marriage) agreements are similar to prenuptial (before marriage) agreements, but have some additional procedural requirements in order to remain enforceable.
Always A Free Consultation
Have additional questions? Contact the Brown Law Offices, P.A. today. We offer free consultations to all potential clients. Call (763) 323-6555, or complete our free case evaluation form.