Boise Prenuptial Agreements Attorney
Reinforcing Your Lifelong Commitment
Marriage is more than an intimate agreement between two people—it's a legal contract. In Idaho, that means the assets you gain during your marriage are considered community property and subject to property division between you and your spouse. The unfortunate reality of marriage is that your romance could sour which could have devastating consequences for one or all parties.
The Boise prenuptial agreement attorneys at Derek A. Pica, PLLC can help you protect your assets in the event of a divorce.
What Is a Prenuptial Agreement?
A prenuptial agreement is a contract that two people enter into before marriage that stipulates what will happen with each of their assets in the event of a divorce. Drafting a prenuptial agreement, or “premarital agreement,” should not be taken as a lack of faith before reciting your vows. There are many reasons to establish such an agreement for your marriage, such as one of you having children from a previous marriage, being initially wealthier than your spouse, or supporting the other through college. Other reasons include a spouse owning a business, expecting an inheritance, or having assets such as a home, stocks, and a retirement fund.
What Does a Prenuptial Agreement Cover?
Prenuptial agreements can cover a variety of issues, including:
- The rights and obligations of property
- The right to sell, transfer, mortgage, use, or manage property
- Whether or not either spouse will receive alimony in the event of a divorce
- Who will receive the life insurance reward should one spouse die
- Anything else that is in accordance with state law
Planning for the Immediate & Long-Term Future
Derek A. Pica, PLLC agrees love is a beautiful thing, but a prenuptial agreement protects that love by securing financial assets. With Derek A. Pica’s help in drafting a prenuptial agreement, your focus can return to the intimate factors that led you down the aisle in the first place. Should your love grow cold, the agreement we draw up will ensure a fair divorce with terms to which both parties already agreed.
Divorces happen every day, costing some people the hard-earned money and assets they accrued during their marriage. In other cases, the end of a marriage could shatter a business with the swipe of a pen, costing other families their incomes.
As divorces are emotionally distressing, petty claims could be placed on your property out of spite by a jilted spouse, and the process could drag on for years. Through the forethought of writing a prenuptial agreement, you save yourself the agony of your personal life being paraded through a court of law. This process can only reinforce your marriage by outlining the terms and conditions of a life-long contract.
If you have not weighed your assets before saying “I do,” speak with a Boise prenuptial agreement attorney to understand your rights. Protect your financial outlook while allowing your love to flourish.
Call Derek A. Pica, PLLC at (208) 314-1161 to set up a consultation.
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