Why You Should Have a Prenuptial Agreement and Hire a Prenuptial Lawyer in Suffolk County

A prenuptial agreement is not just for the rich and famous.  There are many reasons to enter into a prenuptial agreement other than for the protection of significant assets.  If you have a government job (e.g. teacher, police officer, work for the State, County or Local government) you should hire a prenuptial lawyer in Suffolk County.

In addition to protecting real estate and other assets, prenuptial agreements can be used to protect retirement assets. Prenuptial agreements are also a good tool to protect a family business or a family’s real property (e.g., a summer home).  If a spouse’s family owns a family business or a closely-held business, they may not feel comfortable knowing that in the event of a divorce the business may fall out of the hands of the family.  A prenuptial agreement could operate to keep the business in the intended family rather than be sold off and divided in the case of death or divorce.

Even, in those instances where a couple seemingly has no significant assets, a prenuptial agreement can still be very useful.  For example, for many young couples, there is no accurate way of knowing a person’s earning potential prior to the marriage.  Many times the marriage may occur while one of the future spouses is in undergraduate or graduate school.  This may mean that this person’s earning potential will greatly increase.  Even if no one is engaged in higher education, a person’s future earnings are a great unknown.  In case of a divorce, a prenuptial agreement can protect your future earnings and assets.

One of the largest groups seeking prenuptials are those who are getting remarried, many for the third or even fourth time.  They may have children from previous marriages or assets that have been gained over a lifetime.  A prenuptial agreement is extremely valuable in these types of situations.  Obtaining a prenuptial for a remarrying couple may also quell the fears of skeptical family members.  Remarriage is hard enough for many sons and daughters of divorced couples.  They may be doubtful of the new spouse’s intention, especially if there are significant assets involved.  A prenuptial agreement is a good way to demonstrate that the new spouse is not marrying to obtain access to these assets.

Of course, prenuptial agreements are also for the wealthy.  A prenuptial agreement can help establish and protect the assets of the well-off spouse.  However it is not just the better off spouse who is protected.  The spouse with less money may also benefit from a prenuptial agreement.  It helps alleviate any uncertainty as to what would happen in the event of a divorce as the couple can agree to a set amount of spousal support (alimony) and for the distribution of assets.

A prenuptial agreement is a great way to give peace of mind, protect your loved ones and protect yourself.  Prenuptial agreements should not be looked at as unromantic but as a way of securing ones future and taking a honest and confident look into the future of a marriage.  Entering into a prenuptial agreement is desirable as it is entered into while the relationship is strong and there is trust in one another.  This is a much better circumstance than fighting over assets in the middle of a nasty divorce.

The Badanes Law Office has assisted several individuals with prenuptial agreements and with matrimonial and family law issues.  Call the Badanes Law Office today at: 631-239-1702, email us at: dbattorney@optonline.net or visit our web site: www.dbnylaw.com.