Prenuptial: What Does that the Law Allow?
It has become very common for couples to sign a prenup before they get married. This is especially true in cases where the couple that is marrying has had a previous marriage, children from a different relationship, or assets that they wish to retain in the event of a divorce.
When it comes to the law regarding a prenuptial agreement, just about anything can be included if it is considered reasonable and does not require harm to another person or entity or break any laws in any type of manner. In most cases, however, it is only used to establish terms for a divorce and to protect assets.
Protecting Your Children
Even if your children are grown, when you remarry there are changes in how assets are distributed upon divorce or death. If you want to ensure that your children are protected, having a prenup in place before the wedding is the best way to ensure this happens.
Your premarital agreement can designate specific assets to your children, provide for their futures if they are young, or ensure that they are part of your estate when you pass away. If this is any concern to you before marriage, you should speak with a Tulsa divorce lawyer to create a document that protects yourself, your children and your assets in the event of a divorce.
Type Of Or Grounds For Divorce
Another important thing that should be included in any premarital document is what is the acceptable grounds for divorce. There may be several reasons that you may state that you want a divorce, such as addiction problems, infidelity, or even financial reasons. If these things are very important to you, it should be included in the document.
Many prenups also include what type of divorce can take place. This means that you both agree to mediation or a non-contested divorce if the time comes that one takes place. Designating this type of information beforehand can save you a lot of time and money in the future.
Having this type of document in place does not predict that your marriage will end in a divorce. It does, however, give you extra protection in the event that one occurs. Your Tulsa divorce lawyer can help you create a document that is beneficial to you prior to your marriage.