Many spouses make the mistake of entering marriages or domestic partnerships without adequate protection. Although these couples, including same-sex couples, have the best of intentions, they are often blindsided by separations that leave them in dire financial straits. If your goal is to protect your assets in the event of a divorce or separation, you are encouraged to reach out to the Law & Mediation Offices of Michelle Katz.
Often referred to as a prenuptial agreement or a prenup, a premarital agreement ensures that both partners are protected in the event of a divorce or separation. The premarital agreement primarily covers financial considerations, including the potential division of assets and debts. These agreements require the assistance of an experienced highly qualified legal professional. The right family lawyer can minimize the risk of premarital agreements being thrown out due to unanticipated technicalities.
Postmarital agreements take place after couples enter into marital unions. Despite having no intentions of divorce, many spouses decide that they can benefit from the same protections afforded to those who draft prenuptial agreements. Others may have concerns about the future of the marriage, particularly if infidelity or other sensitive situations have recently come into play.
Today, many partners choose to forgo or postpone marriage. Although some protections remain unavailable for cohabiting partners, it is possible for these individuals to safeguard their assets. Cohabitation agreements also determine how property accumulated while together is treated. For example, if unmarried partners decide to become homeowners, plans must be made for the possible division of that property. Most unmarried partners choose to keep some property separate, but if the preference is for this property to be split, partners can make this distinction while drafting cohabitation agreements.
Although same-sex marriage is now legal in the United States, many same-sex couples continue to pursue domestic partnerships. Regardless of how the relationship is defined, partners can benefit greatly from premarital, postmarital or cohabitation agreements. Michelle Katz prides herself on her ability to remain up to date with the rapidly shifting legislation regarding same-sex marriage and relationships. Her legal counsel is invaluable for clients of all sexual orientations.
Regardless of the current nature of your relationship, it is in your best interest to seek legal protection. Look to the Law & Mediation Offices of Michelle Katz for compassionate and trustworthy legal service.