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Other reasons to consider a premarital agreement

| Jul 18, 2019 | High-asset Divorce |

A previous post on this blog talked about how Omaha men can protect their business assets via a premarital agreement. Indeed, in some cases, one’s business partners can even insist that a man execute a premarital agreement before tying the knot just to make sure the enterprise is protected from the fallout of a high-asset divorce.

There are other reasons to consider a premarital agreement, however. For instance, and especially if a man has children from a prior relationship, a premarital agreement can serve to protect his estate plan.

This is so even when a couple is and remains happily married, as the laws will often favor a man’s surviving spouse should he die. Sometimes, this inadvertently leads to some children not getting a fair share of their father’s estate.

On another note, premarital agreements are not just tools for wealthy men who want to protect their fortunes from a partner in a weaker financial position. In many cases, a prenup can also help protect a partner who does not own as much property or make as much income as the other spouse. Also, as the practice is becoming more and more common these days, prenuptial agreements can also serve to protect men who give up their professional opportunities in order to stay home with their children.

There are many reasons why Nebraska men would want to consider a premarital agreement. They should evaluate this option with an experienced family law attorney. An experienced attorney can also help a man draft, or review, a premarital agreement to make sure it will both be enforceable and adequately protect his legal interests.

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