Chattanooga, Tennessee Lawyer Drafts Solid Pre-nuptial and Post-nuptial Agreements
Protecting clients’ assets in Chattanooga and the surrounding areas
If you’re getting remarried, you’re aware of the impact of stress and financial hardship that a divorce can cause. If you want to preserve your financial assets and have certainty in a court of law if your marriage takes an unexpected turn, the legal team at Daniel K. Habenicht, PLLC can guide you through the process of creating a pre-nuptial or post-nuptial agreement, commonly referred to as pre-nups and post-nups.
Benefits of pre-nups and post-nups
It’s critical to know the difference between these agreements:
- Pre-nuptial agreement. A pre-nuptial agreement is a legal document drawn up before your marriage that protects the assets you bring to the marriage — such as savings, retirement asets or property. This document can also create clear proceedings in case of a divorce.
- Post-nuptial agreement. A post-nuptial agreement is similar to a pre-nuptial agreement except that it’s drafted for couples who are already married. It specifies how property of the marriage is to be divided upon divorce, separation or death.
Benefits of pre-nuptial agreements
When you work with an attorney at Daniel K. Habenicht to create a pre-nuptial agreement, you can count on:
- Certainty. You’ll never have to fear losing property or assets in a divorce, which lessens the chance that your divorce will drag on in court. With a valid pre-nuptial agreement, the terms specified are strictly enforced. Courts look for full disclosure, legal representation or waiver of representation when deciding if a pre-nuptial agreement is valid.
- Preserving your assets. If you marry later in life, you’re likely to bring significant assets to the marriage. Whether you’re marrying for the first time or remarrying, it’s important to protect yourself, and even your children, by creating a pre-nuptial agreement.
- Avoiding debt. If you marry someone who has a significant amount of debt, you may be responsible for this debt after a divorce. Factoring in debts to a pre-nuptial agreement ensures that you are not responsible for debt brought into your marriage.
Can a post-nuptial agreement help you stay together?
Some couples find that separating their finances and talking through money matters at the start of a marriage has resulted in less conflict and more clarity over responsibility and ownership. In the event of a divorce, the proceedings are simplified and can help protect you and any children you have from a prior marriage.
Contact a Chattanooga law firm for help with a pre-nup or post-nup
At Daniel K. Habenicht, PLLC, we promise that you’ll always speak to a lawyer or a paralegal when you have questions about protecting your financial assets before or during a marriage. We’re conveniently located near the University of Tennessee at Chattanooga campus. Call us at 423-756-3650 or reach us online.