Many Michigan residents are currently planning their weddings. Some will have lavish affairs while others keep to more simple traditions. Regardless of economic status, geographic location or whether a particular ceremony will be conducted by a Justice of the Peace or religious minister, many soon-to-be spouses choose to seek family law assistance to draft prenuptial agreements before tying the knot. Such an agreement is not required, but can be beneficial in various ways; thus, many couples choose to go this route before heading to the ceremony.
Each couple’s circumstances are different. Therefore, it is often best to seek experienced guidance when determining whether a prenuptial contract would be in the best interests of both parties. There are many reasons for signing this type of agreement.
For instance, one or both intended spouses may desire to retain separate ownership of certain property or assets. A prenuptial agreement can protect business interests or other assets from being divided should a marriage later end in divorce. This type of contract can also specify that certain debts are the sole responsibility of one spouse or the other.
Some say consulting with a family law attorney for any reason before marriage seems unromantic. Others see it as a means for solidifying a relationship and helping one another be prepared to address financial matters in an amicable fashion. Anyone with questions concerning Michigan law as it relates to prenuptial agreements may seek answers by requesting a meeting with an experienced family law attorney in the area.
Source: FindLaw, “How to Determine if a Prenuptial Agreement is Right for You“, Accessed on Dec. 19, 2016
