Protecting Your Assets In Marriage
Getting married for a second time should be a happy and celebratory time, but it may also bring complications of a new blended family when you have children and assets you want to protect. A prenuptial or premarital agreement can help put your mind at ease.
Attorney Darlene Wilcox and our office staff will guide you through the process of drafting a prenuptial agreement in Ohio. Our law office is located in the Cleveland suburb of Rocky River.
Protecting Your Assets and Your Children
A prenuptial agreement is a document you sign prior to marriage that defines how assets will be divided if the marriage fails or if either party dies. This agreement can lead to a division of assets that is outside of the usual outcome under Ohio law. A prenuptial agreement can be used to protect property you already own, as well as income and property you expect to have in the future. It can also be used to determine spousal support.
If you have children from a prior marriage, your prenuptial agreement can include a waiver of your spouse's right to inherit under your will. By including this waiver in your will, you can protect your children's right to inherit under your will if you should die before your spouse.
Are Prenuptial Agreements Enforceable?
Premarital agreements are enforceable in Ohio as long as:
- You fully disclose your assets and debts
- No pressure is placed upon the other party to sign the agreement
Your future spouse should also be represented by a lawyer when considering a Prenuptial Agreement.
We offer an initial consultation to answer your questions about prenuptial agreements.
