Prenuptial and postnuptial agreements are written contracts that can be used to specify the financial rights and obligations of both parties both during and after the end of a marriage. There are many reasons to consider having a prenuptial or postnuptial agreement.
Different people have different needs and goals regarding the terms of a prenuptial or postnuptial agreement. It is important to consult with an attorney to be fully informed about your options.
Who Needs a Prenuptial Agreement?
The experienced family law attorneys at Jensen & Leiberan can assess your specific situation on a financial and personal level. Even if you do not currently have a large amount of assets, there may be good reason for you to consider signing a prenuptial agreement prior to marriage. We have found that people who could benefit from establishing a prenuptial agreement include those who:
- Have significant assets
- Have been divorced previously
- Own real property at the time of the marriage
- Are a current or likely beneficiary of a significant inheritance or family trust
- Have children from a previous relationship
- Have an ownership interest in a business
Both Oregon and Washington have specific rules about what provisions may be in a prenuptial agreement, and what steps should be taken to ensure that a prenuptial agreement will be enforceable in the future. The family law attorneys at Jensen & Leiberan have experience drafting and reviewing prenuptial agreements. If you are planning on getting married and you are considering obtaining a prenuptial agreement, consult with an attorney to determine if a prenuptial agreement is right for you.
The need to draft a postnuptial contract can arise because the parties did not have time to do a prenuptial agreement, a change in circumstances of one or both parties has occurred, or the parties wish to address how a specific situation would be handled.
Prenuptial and postnuptial agreements can play a vital role in the resolving the financial issues of a divorce, and can help streamline the divorce process if the marriage ends.
Contact an Attorney
For more information or to schedule an appointment with an experienced lawyer regarding premarital and postnuptial agreements in Oregon or Washington, please contact us online or call (503) 641-7990.