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

Why a prenup might be right for a second marriage

Younger couples in Kentucky who have never been married before might be entering the marriage with few assets and see no reason for a prenuptial agreement. However, couples in their 50s and 60s who are getting married for a second time may have accumulated a number of assets they want to protect in case of a divorce. A prenup can outline how property should be divided and can even specify that the couple wants to try an alternative dispute resolution method, such as a collaborative divorce, instead of litigation.

They may also want to make sure that if one of them dies, both the surviving spouse and the deceased spouse's children from the previous marriage are taken care of. A prenup can include an agreement to make estate plans after the marriage. One way to protect the interests of both a spouse and children is to create a trust that will benefit first the surviving spouse and then the children after that spouse's death.

The couple may want to use the prenup to outline their plans for retirement. They may not have built their retirement savings together, but they might agree to rely largely on one plan. The prenup might also include a provision that ensures that a spouse with little in retirement savings still has a financially stable retirement even if there is a divorce.

Litigation that leaves one or both parties unhappy is not inevitable even for a couple who does not have a prenup. While a prenup may make the process move along more smoothly, a couple might still be able to reach an agreement on property division through negotiation or another approach.

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+