Creating a Solid Premarital Agreement: What Arizona Couples Need to Consider
The holidays are a popular time to get engaged. Twinkling Christmas tree lights or those New Year's Eve fireworks can make an excellent backdrop for a proposal. Of course, holidays also stir up a lot of feelings and encourage closeness and love, too, which can lead to spontaneous proposals. Because it's a good time to get engaged, it's also a good time to think about premarital agreements. Love matters, but so does having increased peace of mind.
Every Couple Should Have a Premarital Agreement
Even if you and your fiance are just getting started in life, and neither of you really have any assets to protect, things will change in the future. One or both of you could end up with a lot to lose in the event that your marriage doesn't last. While no one who's just gotten engaged wants to think about Arizona divorce attorneys, it's very important to be realistic and honest with one another about areas of life where things could go wrong.
Premarital Agreements Are There to Protect Both Parties
Premarital agreements (“prenups”) used to get a lot of bad press, because there was a misconception that they're designed to help people with assets avoid an equitable divorce if their marriage ends. However, prenups are there to protect both spouses! If you have a lot of assets and your new spouse doesn't, for example, your premarital agreement may be tailored to ensure that your spouse would receive certain assets or specific levels of support. It doesn't have to be about one person keeping everything.
Working With Family Law Attorneys is the Right Choice
Before drafting or signing any premarital agreements in Arizona, you and your fiance should speak with family law attorneys who can give you guidance and information on the process. You both want to understand everything you should consider, and ensure that the wording of the premarital agreement you both eventually agree to is consistent with Arizona law. If you divorce in the future, you want to know that the premarital agreement you signed will stand.
Divorce Attorneys Can Help Protect Your Assets
Most lawyers who work with family law cases are also divorce attorneys. Hopefully, you'll never need one for an actual divorce, but you can work with one for the creation of a premarital agreement. You and your fiance may want to work together with an attorney to decide what's fair and equitable, or you may want to each work with your own attorney to draft documents, and then work on meeting in the middle. Both ways can work, and give you the security the two of you are looking for.
Get the Information and Guidance You Need for a Premarital Agreement
When you're planning an engagement and you also need to plan a premarital agreement, get in touch with us at Fox Law Group today. We understand the importance of solid premarital agreements, and how they can add protection and comfort for you and your new spouse. As you move toward making a life together, we're here to ensure it's off to a good start.