Lisa Collins Werner Practicing Exclusively in the Area of Family Law Compassion. Experience. Results
Call Now for a free Consultation

Why a prenuptial agreement may be ideal

Prenuptial agreements can be a practical and responsible way for Tennessee residents to control their financial futures. They may dictate what happens to assets in the event of a divorce, death or accident. It is important to understand that these agreements are not meant to keep one person down in the event of a divorce or some other unforeseen event. Ideally, they help each party protect whatever they bring into the marriage.

It should also be designed to fairly divide joint assets such as a house in the event of a divorce. A prenuptial agreement may also decide ahead of time what happens to individual assets that appreciate during a marriage. This is important because that appreciation may be considered a joint asset. Prenuptial agreements may help to put a monetary value on a spouse's willingness to leave the workforce to raise any children that a couple may have.

As taking such a step could reduce that person's lifetime earning potential, he or she may be entitled to spousal support in a divorce. A prenuptial agreement may help deal with alimony or spousal support issues ahead of time when both parties are likely to take a pragmatic approach to them.

The use of a pre-marital agreement may help an individual protect assets such as a house, business or inheritance in the event of a divorce. An attorney may be able to help create or review any agreement before it is made official. Legal counsel may also be able to review any agreement to ensure its validity in a divorce proceeding. In most cases, a prenuptial agreement must be freely entered into by both parties and it generally cannot contain draconian language or language that violates state or federal law.

No Comments

Leave a comment
Comment Information

Get In Touch With Us Today

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Law Office of Lisa Collins Werner 9724 Kingston Pike, Suite 1101 Knoxville, TN 37922 Phone: 865-973-9286 Knoxville Law Office Map

Facebook Linkedin twitter Instagram twitter
Review Us
Law Pay