Premarital Agreements in Las Vegas
When you’re considering a major life decision like marriage, you might want to prepare yourself for any event down the road. For some people, premarital agreements, sometimes called prenuptial agreements, make sense for them. I’m a Las Vegas Family Lawyer, I can guide you through the process to protect your hard earned assets.
A premarital agreement is simply a contract between prospective spouses to go into effect upon marriage. It has to be in writing and signed by both parties. While protecting personal property held before the marriage is often the primary concern, there are other factors involved, like obligations both parties have to shared or personal property, how that property might get bought or sold during or after the marriage, the modification or elimination of alimony or support or maintenance of a spouse, the making of a will or trust to carry out the provisions of the agreement, the ownership rights in and disposition of the death benefit from a life insurance policy, the choice of law governing the construction of the agreement, and any other matter, especially including personal rights and obligations, not in violation of public policy or a statute imposing a criminal penalty.
Immediately upon marriage the premarital agreement goes into effect. When it does go into effect, it can have immediate consequences in your life. The right of a child to support cannot be adversely affected by a premarital agreement, but it’s best to consult with counsel just in case. You can amend or revoke your premarital agreement with the approval of both parties.
It is possible to get a premarital agreement voided if one of the parties involved can prove the following: the agreement was not voluntary, it was unconscionable when executed, one party was not provided a fair and reasonable disclosure of property or financial obligations, did not voluntarily waive any right to disclosure of property or financial obligations of the other party beyond the disclosure provided, or did not have a reasonable and adequate knowledge of the property or financial obligations of the other party.
Depending upon the provisions within a premarital agreement, a court can also require another party to provide support to the other spouse if that agreement eliminates alimony or support for which the spouse was eligible. There are also consequences if a marriage is determined to be void. It is also possible the original agreement was unconscionable, and if so a court can decide that issue in your favor.
These issues can be very complex and have long term consequences to your overall life happiness and finances. You should consult with an attorney before engaging in any agreements like this. You should hire me to draft your premarital agreements if you have assets to protect. It will save you a lot of time, legal hassle and emotional stress down the road.
Call me now at 702-383-0090.
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For more information on how https://douglascrawfordlaw.com can help you with Premarital Agreements, please contact us, or visit us here:
Douglas Crawford Law
501 S 7th St, Las Vegas, NV 89101, United States