Contemplating a Prenuptial Agreement?
– Guidance from a Leading Divorce Lawyer in Bossier City
No one wants their upcoming marriage to end in divorce. However, statistics indicate that the chances of divorce are high. For both parties, protecting your assets with a prenuptial agreement is one way to ease the tension that is created during a divorce. The stigma from such contracts has faded in recent years as many view a prenup as a reasonable precaution. Besides alleviating anxieties that happen during the dissolution of a marriage, some couples find the process of creating their agreement an effective way to communicate.
Understanding how a Louisiana prenuptial agreement works requires experienced help. In Bossier City, David L. White can give you the advice you need to protect your assets and make sure things stay fair. If your marriage does turn sour and you need a divorce lawyer to help you navigate the murky proceedings confidently, his team can get you the representation you need.
Basics of a Louisiana Prenuptial Agreement
When contemplating an agreement prior to exchanging vows, it is vital to understand what can be covered, what the limits are, and who may benefit from one.
What can be covered?
Choosing the right terms establishes spousal rights over property and finances in the event of death or divorce. They may address quite a few topics, such as:
- Distributing property when the marriage ends
- Establishing what property is kept separate and what is shared
- Responsibility for debts
- Providing for children from previous relationships
- Maintaining family property and heirlooms in the family
- How to treat individual retirement assets and estate plans
Limits to prenups in Louisiana
While a prenup can address a long list of topics in the event of a divorce, there are a few areas that cannot be covered. One example is:
- Limiting rights to temporary spousal support. You can however limit rights to permanent spousal support
Who may benefit from an agreement?
Prenuptial agreements are not just for the rich and famous. Ordinary folks can benefit from the protection of a prenup contract too. Consider the following circumstances:
- When either one or both spouses have children from a previous relationship
- When one of the spouses has higher assets or income potential than the other
- When one of the spouses brings a significant amount of debt into the marriage
- When one spouse intends to support the other spouse while they attend college or graduate school
- When couples marry much later in life and have accumulated a substantial asset base including savings accounts, real estate, stocks, or retirement benefits
Hire a Dedicated Lawyer in Bossier City, Louisiana
Learn more about creating a prenuptial agreement that meets both your needs when you talk to David L. White. He has years of experience providing practical, personalized legal support for his clients.
Contact your lawyer in Bossier City to find out more about establishing a prenuptial agreement that is enforceable in Louisiana. Call us today at 318-747-7023.
