Planning a wedding in Franklin? It is one of the most exciting times in life. Whether it's your first, second or subsequent marriage, you should always protect yourself with a prenuptial agreement. Many people tend to think that prenuptial agreements are only for those who have tons of assets, high-paying jobs or millions in savings. That is not the case. A prenuptial agreement works for anyone getting married.
If you are getting married again and have children from a prior relationship, it's best to include a clause in the prenuptial agreement that protects your children. The clause should deal with your children inheriting some of your money upon your death so that your new spouse does not get all of it.
One of the biggest things to include in a prenuptial agreement is a section that differentiates between marital property and separate property. All of your marital property will be separated evenly if you decide to get divorced. Be sure to outline what property you'd like to keep separate and what property you'd like to disclose as marital property.
You can also use the prenuptial agreement to protect yourself from the other person's debts. If you know that your future spouse is coming into the marriage with debt, it's best to get it in writing that you will not be responsible for that debt upon divorce if it is still not repaid.
Do you need to create a prenuptial agreement for your impending marriage? It's best to do so with the help of an experienced family law attorney in Ohio who knows what can and cannot be included in such an agreement.