Roanoke Prenuptial Agreement Lawyer
Some people think that prenuptial agreements are only for the wealthy. However, there are many situations where a prenuptial agreement makes sense. Examples are second marriages and marriages later in life.
At Lutins & Pilgreen, PC, in Roanoke, we draft both prenuptial and postnuptial agreements for clients in Virginia. We also review these agreements if you are asked to sign one. We offer a initial consultation to discuss your situation and answer your questions.
Do I Need A Prenuptial Agreement?
The short answer is yes — if you have assets or people you want 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.
Here are examples of times when a prenuptial agreement may be beneficial:
- You own a home or other property.
- You have a blended family.
- You want to protect future earnings in the event of divorce.
- You do not want to pay alimony 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.
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.