For Your Golden Years Prenup Agreements
Congratulations! You have found love again…. Now what?
This may be your first marriage or second marriage, but you have built a lifetime of wealth and security that you do not want to jeopardize, assets received through a previous settlement agreement or received an inheritance, or a widow/widower receiving alimony or the proceeds of a life insurance policy.
A Prenup can settle what happens if the marriage fails
Another benefit of a prenuptial agreement is that it can reduce the tensions between the children of the marrying couple. A prenup can give the children of the marrying couple, the security in that their future inheritance is protected.
A prenuptial agreement provides:
1. Transparency for newlyweds marrying later in life. Sharing detailed information about your real financial situation can strengthen the foundation of a marriage by an honest exchange of your current and future finances.
2. Clear decision-making ability. In case a spouse gets sick, incapacitated, or sudden death you will both have a complete understanding of the finances of each other so that you can make the best decisions for yourself and your spouse.
3. Estate Planning benefit. Another plus is that with a prenuptial agreement it can compliment your estate plan, to include life insurance and a Trust.
To discuss how a prenup could benefit your own situation, please call The Marin Law Firm at 407-680-1867 for a consultation.