Creating Thorough Pre- And Postnuptial Agreements
Many Pennsylvania residents hold misconceptions about prenuptial and postnuptial agreements that prevent them from benefiting from these useful contracts. These agreements are not only for wealthy individuals and are not only useful during divorce, but in reality, many couples could profit from a personalized pre- or postnuptial agreement. These agreements allow you and your spouse to create a financial plan for the future. If correctly approached, a prenuptial or postnuptial agreement can be a meaningful transition into discussing and implementing a comprehensive estate plan.
Are you considering a pre- or postnuptial agreement? Call the Law Offices of Kathleen D. Schneider at 412-342-8577 to schedule a free consultation to discuss your options.
Providing Many Benefits Other Than Divorce Planning
Prenuptial and postnuptial agreements are known for securing assets in the event of divorce. However, they can also benefit spouses by:
- Protecting one spouse from the other’s high debt
- Designating how certain assets will be distributed after death
- Protecting the inheritance of children from a previous marriage when multiple families blend
- Determining each spouse’s financial responsibilities
- Upholding a small business’s integrity
Our lawyers can carefully evaluate your circumstances and recommend an agreement that maximizes benefit for your entire family.
Understanding What Cannot Be Included In An Agreement
Some stipulations are permissible in prenuptial and postnuptial agreements, while others will not be upheld in court. You cannot include terms in your contract that:
- Are illegal
- Predetermine child custody or support
- Prevent one spouse from collecting alimony payments
- Incentivize divorce
- Detail personal rather than financial matters
The knowledgeable lawyers at the Law Offices of Kathleen D. Schneider have been counseling families for over 25 years. We can help you create a legally enforceable document that protects your financial decisions and future. With a strong background in accounting, tax and estate planning, our attorney has the financial experience necessary to present the most beneficial options and avoid mistakes.