Prenuptial Agreement Contracts in Palm Beach County, FL
While couples plan for their big day of marriage, it’s common for the topic of property and finances to come up in conversation and what that might mean in the event the marriage ends in a divorce. Attorney Lise Hudson at Hudson Family Law in Palm Beach County, FL works with couples interested in drafting prenuptial agreements before they are married. Since so much of the future is uncertain, many couples find reassurance in this process to provide a clear understanding of how property, assets, and guardianship will be divided if unforeseen circumstances arise. Contact our office to discuss a prenuptial agreement with Attorney Hudson.
What Does a Prenuptial Agreement Mean?
Prenuptial agreements are also known as premarital agreements, antenuptial agreements, or simply, prenups. Whichever term is used, it is a written legal document that outlines details, such as how property will be divided or the type of spousal support provided if the marriage ends in a split or divorce. It may include disqualification from assets in the event of adultery or terms for guardianship of children. The couple decides on the details included ensuring their wishes are followed. Florida law prohibits certain things from being included in a premarital agreement, including waiving child custody rights, visitation, or child support.
Common Reasons for a Prenuptial Agreement
Couples who enter into a premarital agreement aren’t betting on divorce. Similar to an insurance policy, prenups provide protections in an unpredictable future, especially for couples who are older when they marry, have been through divorce previously, or have children from a previous marriage. Common reasons for a prenuptial agreement include:
- Establishing guidelines for dividing property and assets
- Documenting wishes for life insurance policy disbursement
- Protecting family and estate plans
- Keeping finances separate if one spouse has a great deal of personal wealth before the marriage
- Protecting one spouse from another’s debt
- Protection for stepchildren in the event the biological parent dies
Confidential Premarital Agreement Composition
Many financial discussions can feel daunting or overwhelming, and it may be uncomfortable to think about drafting a prenuptial agreement. Lise Hudson at Hudson Family Law brings comfort, compassion, and understanding to the process to help all of our clients feel comfortable and design a prenup that achieves their goals. Contact our office to schedule a consultation today.