The Importance Of Marital Agreements
No matter their age or wealth, it is healthy for couples to discuss the merits of drafting comprehensive marital documents. In the hands of a skilled lawyer, prenuptial and postnuptial agreements can directly benefit a couple by keeping assets and debts clearly categorized.
At Burris Law Offices, PLLC, our founding attorney has focused his considerable experience on providing family law guidance to the LGBTQA community. For more than 30 years, Jonathan Burris has provided representation to clients in the Twin Cities and communities throughout Minnesota. No matter the complexity of your case, it is wise to seek experienced legal counsel.
- Prenuptial agreements: Depending on their premarriage lives, individuals in a relationship might bring with them a variety of financial entanglements. From property to a small business to credit card bills, prenuptial agreements can be a way to clarify the assets and debts that each party brings with them into the marriage.
- Postnuptial agreements: Once a couple is married, they might decide to amend or revoke the prenuptial agreement based on changing financial circumstances. This is accomplished by drafting an entirely new document called a postnuptial agreement. A financial windfall, new property, inheritance or new business startup might necessitate the creation of a postnuptial document.
The importance of these documents is highlighted for many in the LGBTQA community. If you plan to take advantage of your right to marriage under the Obergfell v. Hodges case, it may be crucial to use a premarital agreement to clearly document your long-term relationship prior to marriage. Divorce laws might only carefully examine assets or debts acquired during the marriage. If you and your partner had financial agreements in place prior to the marriage, prenuptial and postnuptial documents are a clear way to place legal emphasis on what was agreed-upon before and during your marriage.
Contact Our Minneapolis Law Offices
If you are concerned about how to start the process, or wonder what your legal rights are in this situation, we encourage you to schedule a free initial consultation at our firm. We welcome clients from all sexual orientations, and are deeply committed to protecting their rights and interests. Call us at 612-208-7926, or contact us through our online form to schedule an appointment.