Prenuptial agreements are designed to clarify how assets, property, debts, and any other financial matters will be managed.
Prenuptial agreements are more common than many people realize. According to data from The Harris Poll, over 40% of American adults support the idea of a prenup, while 15% of married people reported signing one. That number marks a significant increase over the 3% of Americans who reported signing a prenup in 2010.
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At Perkins & Adley, LLP, our law firm serving Plymouth, Indiana is dedicated to addressing your legal needs through advocacy, support, and education.
Although it’s a common belief that prenuptial agreements are only necessary among the very wealthy, this data indicates that people are using them more and more to protect their interests. Even those who haven’t accumulated a lot of wealth may benefit from entering into this type of agreement, as it helps outline financial expectations and what will happen regarding the division of assets if the marriage doesn’t work out.
At Perkins & Adley, LLP, we draft legal agreements for couples entering into marriages located throughout Plymouth, Indiana and the surrounding area. One of our areas of focus is marriage agreements, which includes prenuptial and postnuptial options. Prenuptial agreements are designed to clarify how assets, property, debts, and any other financial matters will be managed if the marriage ends, whether due to death or divorce. Before getting married, both parties must sign the legal agreement, which helps to reduce disputes and protect interests.
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Business owners, individuals getting married later in life, or those who are entering into marriages for the second time (or later) may benefit from prenuptial agreements. They can also protect individuals with inheritances or assets that require protection. We will draft an agreement that is mutually agreed upon and legally enforceable, so give us a call to learn more or schedule a consultation.