What Is A Prenuptial Agreement?
A prenuptial agreement is a contract entered into between two parties prior to marriage. The prenuptial agreement often referred to informally as “prenup”, specifies how assets and liabilities are to be divided in the event of a divorce, and can also detail other issues such as alimony, property rights, and how the marital estate is to be handled in the event of the death of one of the parties.
As more couples begin to consider the benefits of a prenuptial agreement, it’s important to understand what legal rights a prenuptial agreement can and cannot affect.
A prenuptial agreement can:
- Protect individual assets; Protect joint assets;
- Protect individual future income; Protect joint future income
- Protect against debts of the other party;
- Protect, Determine, or Waive alimony (spousal support after divorce)
- Protect, Determine, or Waive attorney’s fees reimbursement during a divorce.
A prenuptial agreement cannot:
- Establish, Protect, Determine, or Waive child custody;
- Establish, Protect, Determine, or Waive child support.
The preparation, drafting, and negotiation of a prenuptial agreement is a complex and technical process requiring accuracy and concise knowledge about Florida Statutes, rules, and legal authority. Family Law and Attorney Mindi Lasley has years of experience and aptitude in this area of legal contracts to advocate for clients. For more information about prenuptial agreements contact Mindi Lasley to request a consultation.
