Summer is fast approaching, and you may be planning the last-minute details of your June, July or August wedding. While you focus on choosing what food to serve or what your reception entertainment will be, you may want to add another item to your wedding to-do list:...
Prenuptial Agreements
3 things to add to your prenuptial agreement
Prenups are not just for the rich and famous anymore. The Academy of Matrimonial Lawyers saw a rise in prenups in 2016. Over 51% of them saw an increase in requests from millennials. A prenuptial agreement is a contract between two people who plan to get married. The...
How should you ask your significant other for a prenup?
Preparing to get married can surface a lot of emotions and introduce unique challenges into your relationship. Adding another concern to your laundry list of wedding responsibilities may seem both unnecessary and uncomfortable. However, having a prenuptial agreement...
Different clauses in prenuptial agreements
Engaged couples may eagerly anticipate and plan their weddings, yet overlook important elements of their marriages or even potential divorces should the marriages not survive. Prenuptial agreements, once believed useful only for the rich and famous, today enable...
3 things you cannot include in a prenuptial agreement
If you are getting married in the near future, you may already have plans to draft and finalize a prenuptial agreement. According to CNBC, 62% of attorneys who participated in a recent survey reported that they had seen an increased in the number of couples seeking...
Does Minnesota allow couples to sign postnuptial agreements?
Most people in Minnesota, and across the nation for that matter, are turned off by the idea of prenuptial agreements because they foreshadow divorce which is not something people typically think about right before they're about to get married. It's because of this...
A prenuptial agreement’s terms can be very impactful
What the specific terms are of a prenuptial agreement can impact many things. One is whether or not the agreement will ultimately be enforced. When a prenup's terms are deemed to be unfair in a significant way to one of the parties to the agreement, the agreement may...
Things to know before drafting and executing a prenuptial agreement: part III
In our last blog post, we discussed how a prenuptial agreement can be used to help protect financial interests an individual brings to a marriage or inherits during a marriage in the event he or she subsequently divorces. In this final post of our series on prenuptial...
Things to know before drafting and executing a prenuptial agreement: part II
In our last post, we discussed some of the reasons behind an apparent national increase in the number of couples opting to complete prenuptial agreements prior to tying the knot. In this post, we'll discuss some of the things that a prenuptial can and cannot be used...
Divorce and protecting inherited assets
Many married couples argue over money. A couple may struggle with debt, one spouse may disapprove of the other's spending habits or spouses may argue over how to invest their assets. Regardless of the actual argument, when money is involved, things can grow heated...