A Roanoke Prenuptial Agreement Lawyer: Protecting Your Interests
If you are entering into marriage, a prenuptial agreement is a responsible step for many couples. Prenuptial agreements are practical and not just for the wealthy. In addition, if a couple is already married but would like to revisit the idea of a marital agreement, they can enter into a postnuptial agreement. At Lutins & Pilgreen, PC, in Roanoke, we draft both prenuptial and postnuptial agreements for clients in Virginia. We also review these agreements if you have been asked to sign one.
Who Needs A Prenuptial Agreement?
There are many different situations where a prenuptial agreement makes sense. For example, using a prenuptial agreement in a second marriage, or a marriage later in life can protect your assets and identify separate property. In other words, a prenuptial agreement is important if you have assets or family members that you would like to protect. Even if you do not have significant assets now, a prenuptial agreement can be beneficial if you expect to have significant earnings or assets in the future.
When Is A Prenuptial Agreement Beneficial?
There are many different scenarios where a prenuptial agreement can help identify your assets and property. Examples of when a prenuptial agreement may be beneficial include:
- You own a home or other property
- You have a blended family
- You want to protect future earnings in the event of a divorce
- You do not want to pay alimony or spousal support if you divorce
- You want to protect future retirement earnings
- You do not want to be responsible for your spouse’s debts
- You want to protect your spouse from debts that you may incur
A prenuptial agreement can prevent unintended consequences. For example, if you have children from a prior marriage, you would not want them to be disinherited if you should die before your spouse. But this is exactly what can happen without a prenuptial agreement.
Understanding Virginia Marital Property Laws
In Virginia, your spouse has a right to an equitable share of all assets you accumulate during your marriage, except for gifts and inheritances. Even assets you owned before your marriage could become marital property in certain circumstances. The only way you can overcome the law of equitable distribution of marital property in Virginia is through a prenuptial agreement. An experienced family law attorney can help you assess your need for a marital agreement and draft, review and execute a legally enforceable prenuptial agreement.
Consult A Roanoke Prenuptial Agreement Lawyer
At Lutins & Pilgreen, PC, our Roanoke prenuptial agreement lawyer is available by appointment for initial consultations. To discuss your financial concerns, ask questions and understand more about prenuptial agreements, you can schedule an appointment by calling 540-627-5150 or by sending us a message through our contact form.