Kentucky Pre-Nuptial and Post-Nuptial Agreements
A nuptial agreement is a contract that includes provisions for property division and financial support in the event of a divorce. A pre-nuptial agreement is a contract entered into prior to marriage and a post-nuptial agreement is a contract entered into after marriage.
These agreements can minimize conflict in the ending of a marriage. Important decisions made when entering a nuptial agreement are made in a conflict-free environment. A well drafted pre or post nuptial agreement can help to avoid unnecessary legal expenses and eliminate the emotional toll that often arises when a marriage ends. This is done by pre-planning how these issues (property division and financial support) will be resolved.
The first step in drafting a pre or post nuptial agreement is to set up a meeting between you, your future/current spouse, me, and your future/current spouse’s attorney to negotiate a contract that addresses:
- each of your personal rights and obligations toward the other;
- the division of assets;
- the rights that either of you may have in future assets;
- spousal support;
- the division of debts;
- the obligations that either of you may have in future debts; and,
- protecting and maintaining any interest in non-marital assets.
You and your future or current spouse will each need to hire an attorney to assist in negotiating the pre or post nuptial agreement to understand the legal ramifications, the legal implications in the future, and/or the legal risks of the agreement.
Contact Jackson Family Law
For more information on a Kentucky pre or post nuptial agreement, please contact Ruth Jackson at (859) 291-8055 to schedule a consultation or contact us on-line.