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Creating an enforceable prenuptial agreement

Prenuptial agreements, also known as antenuptial agreements, are not romantic but they can be pragmatic. This is particularly the case when one or both spouses are bringing significant assets into the marriage, or if one or both spouses own businesses. Other situations that may merit a prenuptial agreement include a second or subsequent marriage or a situation where one spouse is likely to inherit substantial assets. A carefully –drafted prenuptial agreement will clearly state which property is separate property and which property is marital property. Sometimes couples will enter into postnuptial agreements. These agreements function largely the same way as prenuptial agreements, but are signed after a couple gets married.

4 tips to protect a business during divorce

Divorcing couples have a lot of assets and property to divide. If either or both of you are business owners, your company is probably one of the most important concerns during the divorce. Even if you started the business before you were married, your spouse may have a claim to part of the company because of its increasing value during the marriage. However, you can take steps to protect your interests in keeping the company through the divorce.

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The Law Firm of Hauer & Snover

The Law Firm of Hauer & Snover
30100 Telegraph Road, Suite 221
Bingham Farms, MI 48025

Telephone: 248-258-0800
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