Whether you are preparing for marriage or have been married for several years, it may be prudent to protect your property or your children’s inheritance with a prenuptial or postnuptial agreement. The attorneys at Johnson Duffie in Harrisburg, PA, can assist you in drafting a legally binding marital contract that outlines how your assets and debts will be divided in the event of a divorce.
Also called a prenup or premarital agreement, this legal contract is entered into before the marriage occurs. The prenuptial agreement outlines the distribution of assets and financial responsibilities in a divorce or separation.
Premarital agreements help provide peace of mind before marriage. These legal documents are beneficial in the following situations:
Circumstances can change during a marriage. Even if you have been married for years, it may now be appropriate to protect your separate assets or children’s inheritance. Also called a postnup, a postnuptial agreement is a private marital contract between spouses already married. Like a prenup, the document lays out how a couple’s finances will be handled in the event of divorce, separation or even the death of a spouse.
Along with the reasons partners sign a prenup agreement, married couples may prepare a postnup to:
Pennsylvania law treats marital agreements much like private business contracts. The state’s rules for prenuptial and postnuptial agreements are determined by state statutes, such as 23 Pa.C.S. § 3106.
For a prenup or postnup agreement to be considered valid, it must adhere to the following requirements:
If your fiancé or spouse asks you to sign a marital contract, the attorneys at Johnson Duffie can review the document on your behalf and explain what it means for your future before you sign.
Whether you’re about to get married or you’ve been with your spouse for years, no one wants to consider the possibility of separation. However, prenup and postnup agreements can provide peace of mind with the knowledge that, in the event of divorce, you will not be fighting over financial matters.
Johnson Duffie provides personalized attention, ensuring your marital contract complies with Pennsylvania regulations. We can also help you understand the terms and conditions you are agreeing to. Put our decades of experience to work for you.
If you would like to draft a prenuptial or postnuptial agreement or you’ve been asked to sign a marital contract, schedule a consultation with an experienced lawyer at Johnson Duffie.