Are you wondering how to protect yourself from the debts of a spouse. There are many ways debt can be quickly accumulated. One of the first issues to address is perhaps student loans. It is not uncommon for each of the parties to have student loans as they approach a marriage. If the amount of...
How Enforceable are Prenuptial and Postnuptial Agreements
Prenuptial and Postnuptial agreements are a good strategy to protect assets and establish reasonable agreements in the event a marriage ends in divorce. The principal reason to have a prenuptial agreement is to protect established intellectual property, a business or substantial wealth when contemplating a marriage. Any asset which is owned or acquired before the...
When Do You Need a Postnuptial Agreement in Louisville
What is a postnuptial agreement and when do you need a postnuptial agreement in Louisville. We have all heard of a prenuptial agreement or “pre-nup” which is established prior to a marriage. A postnuptial agreement is made during a marriage and is intended to protect important assets or to prepare for a divorce. There are...
What is a Postnuptial Agreement in Louisville?
What is a postnuptial agreement in Louisville? Most of us have heard of a prenuptial agreement. You may be surprised to learn it is also possible to enter into a postnuptial agreement once you are married. A postnuptial agreement establishes the nature of a specific asset and specifies how it is to be handled in...