Prenuptial Agreements

Michigan Prenuptial Agreement Lawyer

For many couples, portfolios and finances are sensitive topics when discussing their future life together. Couples often sidestep the subject of a prenuptial agreement for fear of upsetting their future spouse. However, by eliminating the uncertainty of what would happen in a divorce, prenuptial agreements can actually promote a successful marriage. If you are considering a prenuptial agreement, the Michigan Divorce Firm can guide you through the process.ç

Establish Your Financial Rights

A prenuptial agreement establishes how spouses will handle assets and debts in the event of a divorce. A prenuptial agreement becomes valid after the marriage takes place. A prenuptial agreement can especially benefit you if:

• You have amassed a lot of assets
• You own a business.
• You own property.
• Either you or your future spouse plans to be a stay-at-home parent.
• There is a significant disparity in income between you and your future spouse

Enforcement in Michigan

In Michigan, a prenuptial agreement can cover assets, including each spouse’s retirement benefits, marital and separate property and even alimony or spousal support.

To be enforceable, a prenuptial agreement must be voluntarily signed by both spouses. Each spouse must disclose all assets at the time of signing. A court may refuse to enforce a prenuptial agreement if signed under duress or if a spouse lied about their financial status.

A Sensible Financial Document

Having a prenuptial agreement does not mean you do not love or trust your future spouse, but it does give you control over your finances in the event the marriage ends. Consider your prenuptial agreement as a financial goal setting document instead of a potential end to your marriage.

Contact our office at (888) 927-1499 to schedule a free consultation.