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Prenuptial Agreements Archives

Why do I need a postnup to stay home with my kids?

No longer are parents in Tennessee expected to quit their jobs when they become parents. In fact, it almost seems expected that they will not do so and will instead utilize nannies, day care centers or relatives to help them care for their children while they continue their careers. Parents who do make the choice to quit their jobs and stay home to raise their children get to be there for special moments of their kids' lives, but they should also be wise about protecting themselves financially.

Prenups, estate planning and remarriages

For many years prenuptial agreements were thought important only for the rich and famous. Today, however, even the average resident in Tennessee may be able to benefit from these marital contracts. Important to note is that today's prenups are not just about protecting spouses and their assets in the event of a potential and unforeseen divorce.

How can you tell if you need a prenuptial agreement?

Preparing for a wedding can be one of the most exciting times in a couple’s life. When the topic of a prenuptial agreement comes up, it may dampen the happy mood. However, it may be worth it for you and other Tennessee residents to consider a prenup. It might encourage you to learn that not all the points in a prenuptial agreement necessarily pertain to a divorce.

Mistakes to avoid when preparing a prenuptial agreement

For most people who are about to get married, signing a prenuptial agreement is a prudent step that can help them protect their assets in the event that their marriage comes to an end. As CNBC reports, 62 percent of matrimonial lawyers in a recent survey said they had seen a jump in the number of clients requesting a prenuptial agreement in the past three years. Prenuptial agreements allow couples to decide for themselves how their assets and debts will be divided in case of a divorce. However, to be enforceable a prenuptial agreement needs to be fully compliant with the law. Any of these following mistakes or problems could result in the agreement being voided by the court and a couple's property being divided in a way that one or both spouses may not consider to be in their best interests.

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