Blankenship Massey & Associates, Attorneys at Law
Call Us Today For A Free Consultation 859-905-0936
View Practice Areas

Young couples may wish to consider prenups

For many people in Kentucky, prenuptial agreements seem like a matter for celebrities or ultra-wealthy entrepreneurs. They may not seem relevant to people of average income and wealth, especially when they are just starting out in life. Indeed, many people think of young marriages as those that are least likely to need prenuptial agreements given that neither party has had significant time to accrue serious assets, launch businesses or have existing children from prior relationships. However, some experts advise that students who marry while completing college, university or graduate school may benefit from considering a prenup.

Prenuptial agreements allow people to decide how their assets will be handled in case of divorce or dissolution later down the line. They can also come into play in the case of the death of one partner. While many people think of a prenup as something used to protect a wealthier partner from a less-wealthy spouse's claims, a well-drafted prenup should provide protections for both parties. For example, protections for a partner who stays home to care for the children can be written into the prenup in advance. In addition, the prenup can include time limitations on various provisions that may change as the marriage lasts.

While students have fewer assets to divide, negotiations over a prenuptial agreement may be less emotionally fraught. Instead, both parties may be able to consider what kind of distribution they would consider to be fair in case of a future split.

In order for a prenup to be later upheld in court in case of a divorce, it is important for it to be fair. This means that both spouses should be represented by a family law attorney of their own throughout the process. This can help ensure that the agreement that ensues contains terms that protect both spouses in the future.

No Comments

Leave a comment
Comment Information

Learn Your Legal Options Before You Make A Decision

For a free consultation, please call 859-905-0936 or fill out the form below.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us Today

Contact Blankenship Massey & Associates

Erlanger Office Location
504 Erlanger Road
Erlanger, KY 41018

Toll Free: 800-491-9956
Phone: 859-905-0936
Fax: 859-426-9001
Erlanger Law Office Map

Dry Ridge Office Location
20 South Main
Dry Ridge, KY 41035

Toll Free: 800-491-9956
Phone: 859-905-0936
Dry Ridge Law Office Map

map
BBB Accredited business A+