Jump to Navigation

Prenuptial agreements not just for Hollywood couples

It may seem odd for Salt Lake City residents to be thinking about the end of a marriage before it has even begun. But it makes sense for many couples to do this when drafting prenuptial agreements, as even the best of relationships can change over time.

Prenuptial agreements are contracts drafted before the marriage, which outline the terms of how the parties wish to separate their assets and liabilities upon the dissolution of the marriage. The agreements can be fairly broad ranging in their scope, including far more than the basic division of property. For example, the couple can include a clause that indicates mediation will be held in the event of a divorce.

One of the biggest myths about prenuptial agreements is that only Hollywood couples use them. In reality, many couples find it wise to have a prenuptial agreement in place before the marriage. For example, some couples may have a large number of assets or debts at stake in a potential divorce. In other relationships, one spouse may own property individually that he or she does not want to pass on to the other spouse, including inheritances, business assets or other separately-owned property.

Ultimately, prenuptial agreements can be flexibly tailored in order to meet the needs of each couple that enters into one. This flexibility is recommended, as there is no one-size-fits-all policy when it comes to a prenuptial agreement. Accordingly, individuals interested in prenuptial agreements should learn what provisions could benefit them, and how the agreement must be drafted and executed in order to be enforced in the future if the need should ever arise.

Source: Huffington Post, "Plan for a successful divorce before your wedding day!," Jim Halfens, July 22, 2016

No Comments

Leave a comment
Comment Information
Subscribe To This Blog’s Feed FindLaw Network

How Can We Help?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Office Information

Stephen J. Buhler, Attorney at Law
3540 South 4000 West Suite 245
West Valley City, UT 84120

PHONE 801-996-4193
TOLL FREE 800-565-7271
EMAIL sjblawyer@aol.com
West Valley City Law Office Map | Contact

VISA MasterCard American Express Discover