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Prenuptial Agreements

SUFFOLK PRENUPTIAL AGREEMENT LAWYERs

Experienced Attorneys Assisting Clients With Prenuptial Agreements in Virginia Beach & Eastern Shore, VA

Although many people believe that prenuptial agreements are for the wealthy and famous, many couples of varying financial statuses use them. Typically, prenuptial agreements address the distribution of assets and debt upon separation, divorce, illness, or death. Making the decision to enter into a prenuptial agreement is something that a couple should take the time to consider and agree upon before it is written and signed.

The Suffolk prenuptial agreement attorneys at Bush & Taylor, P.C. understand that the process for creating a prenuptial agreement can be tricky, and we are here to help you and your spouse come to an agreement that will benefit your marriage. It is important to meet with a lawyer to create your prenuptial agreement in order to ensure that what is written is both fair and follows certain legal standards.

For your prenuptial agreement to be considered enforceable:

  • It must be in writing
  • It must be signed by the prospective spouses
  • The agreement cannot be unconscionable (unfair) when it is signed
  • There must be full and fair disclosure of assets and debts when the agreement is signed

We are here to make the process of getting a prenuptial agreement as easy as possible. We serve individuals across Suffolk, Virginia Beach, and Eastern Shore. Contact us online or call (757) 926-0078 to schedule a for a free initial consultation with our Suffolk prenuptial agreement lawyer!

Virginia Prenuptial Agreement Law

Every state has different regulations on what can and cannot be included in a prenuptial agreement. According to Virginia law, a prenuptial agreement can include the following:

  • The rights and obligations related to property owned by either spouse, regardless of where the property is located or when it was acquired
  • The right to buy, sell, mortgage, transfer, lease, abandon, exchange, use, assign, dispose of, create a security interest in, or manage and control property
  • Spousal support
  • The creation of a will, trust, or an alternative arrangement that can carry out the prenuptial agreement terms
  • The rights to the death benefit from a life insurance policy, should one spouse die
  • Any other matter that doesn’t violate a criminal statute or public policy

A prenuptial agreement can be amended or revoked after marriage, but it can only be done so by a written agreement signed by both parties. An amended prenuptial agreement is enforceable without consideration.

Understanding the Prenuptial Agreement Process in Virginia

Navigating the complexities of a prenuptial agreement can be daunting, but our experienced team at Bush & Taylor, P.C. is here to simplify the process for you. We believe that knowledge is power, and understanding each step can help you make informed decisions that protect your future.

Here’s what you can expect when working with us:

  1. Initial Consultation: We begin with a comprehensive consultation to discuss your unique circumstances, expectations, and goals. This is a crucial step in ensuring that your prenuptial agreement reflects your needs.
  2. Drafting the Agreement: Our skilled attorneys will carefully draft your prenuptial agreement, ensuring that all legal requirements are met and that your interests are protected.
  3. Review and Revisions: We encourage open communication and collaboration. You’ll have the opportunity to review the agreement and request any necessary revisions to ensure it meets your satisfaction.
  4. Finalization: Once both parties are in agreement, we will guide you through the final signing process, ensuring that all documents are filed correctly and legally binding.

By choosing Bush & Taylor, P.C., you are not just getting legal representation; you are gaining a partner committed to safeguarding your future. Let us help you navigate this important step with confidence and clarity.

Tailored Prenuptial Agreements: Protecting Your Unique Needs

At Bush & Taylor, P.C., we understand that every relationship is unique, and so are the circumstances surrounding it. Our experienced attorneys work closely with you to create a prenuptial agreement that reflects your specific needs and goals. Whether you have significant assets, business interests, or children from previous relationships, we ensure that your prenuptial agreement is customized to address your individual situation.

Here are some key aspects we consider when drafting your tailored agreement:

  • Asset Protection: Safeguard your personal and joint assets to prevent future disputes.
  • Debt Management: Clarify responsibility for debts incurred before and during the marriage.
  • Business Interests: Protect your business assets and define ownership in the event of separation.
  • Estate Planning: Integrate your prenuptial agreement with your overall estate plan for comprehensive protection.
  • Future Financial Goals: Outline expectations regarding financial responsibilities and lifestyle choices.

By choosing Bush & Taylor, P.C., you gain peace of mind knowing that your prenuptial agreement is not just a legal document, but a proactive step towards a secure and harmonious future together. Let us help you build a strong foundation for your marriage.

Advantages of Drafting a Prenuptial Agreement in Virginia

In general in Virginia, all property that is acquired during a marriage is considered “marital property” and is therefore subject to division by a court in a divorce proceeding. Moreover, if property is acquired before marriage and later jointly titled it is also considered “marital property” and is subject to division.

By contrast, a prenuptial agreement can ensure that property that comes into marriage through one spouse and remains separate, stays separate. Likewise, any property which was acquired by one spouse prior to their marriage can be assured to remain separate. This is very important for some individuals, especially those who have children from previous marriages. In these cases, the client wants to ensure that their property will be left to their children, and not to a new spouse who may have had nothing to do with earning it in the first place.

Our Suffolk Prenuptial Agreement Lawyer Can Help

A well-written prenuptial agreement will be enforceable in the event of divorce. However, a poorly written or ill-considered agreement may be considered invalid, leaving all your assets and debts to be distributed by the court. By retaining a knowledgeable family lawyer in Suffolk, you can help ensure your prenuptial agreement works when you need it to. Call Bush & Taylor, P.C. today at (757) 926-0078 or contact us online to learn more about your situation and get started on your case today. You can rely on us to provide you with meticulous and effective representation every step of the way.

To speak with our experienced Suffolk prenuptial agreement lawyers, give us a call at (757) 926-0078 or contact us online today. 
 

About Bush & Taylor, P.C.

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