When we get married, we envision a long and prosperous life together. Unfortunately, things don’t always pan out, and sometimes couples realize they need to part ways. When facing such an emotionally charged process, you may seek a family law attorney Scottsdale residents count on – if you live in Arizona.
Jensen Family Law in Scottsdale, AZ, can help you sort out all the details while safeguarding your rights. We offer aggressive legal representation to ensure you’re not taken for a ride in a divorce.
That said, when you’re about to get married or are already married, you may need to discuss a pre-nuptial or post-nuptial agreement. What do they stand for, and which is ideal for your situation? Let’s discuss the fundamental differences.
A prenuptial agreement is a contract that generally covers the dissolution of property, assets, and debts at the time of separation. You basically sign the agreement before marriage, and the contract protects your assets in case of divorce.
It typically goes into effect at the time of separation or divorce. Likewise, it may also establish obligations for each party to the marriage, such as spousal support.
If separation is on the cards, a prenup may avert court battles, allowing you to reach a quicker agreement on various financial issues. Basically, the contract outlines what each party should get post-divorce, reducing the chances of disagreements. Here’s a quick outline of the role a prenup performs:
By agreeing at the formative stage of your relationship, you can set the ground rules for budgeting, saving, or other financial arrangements you deem necessary. As such, the prenup can create a foundation of a strong union.
A postnuptial agreement also protects the interests of both partners in marriage if they decide to separate. But, it comes into effect after marriage, while a prenup is signed before marriage.
A postnuptial agreement generally addresses issues that may arise during a relationship, such as changes in finances or lifestyle. It can also address issues after marriage, such as credit card debt incurred by one partner or business investments made by either party.
A postnup can help address the division of property and assets in case of separation and other financial matters such as alimony. Thus, it allows for a much more detailed division of assets than in a divorce settlement.
Additionally, a postnup may cover issues such as spousal support and money management during the marriage. It can also contain an infidelity clause, which allows one partner to stipulate that the other partner pays the penalty if they are unfaithful.
If you’re yet to say ‘I Do,’ it’s advisable to discuss your finances and draw up a prenup rather than a postnup. Here are some of the downsides of opting for a postnuptial agreement:
It’s not uncommon for couples who’ve fallen out and later reconciled to opt for a post-nuptial arrangement to iron out their issues. It could also be a good option if you’ve encountered a rough financial patch or marital problems. Yet, a prenup is typically more reliable than a postnup and ensures that neither partner takes undue advantage of the other in a divorce or separation.
If a prenup didn’t cross your mind before marriage, a postnup could be a viable option. But whichever path you choose, consult a qualified family law attorney to determine whether the contract you create is legally binding or enforceable in your state. Our competent legal team is on hand to help you deal with such matters. You may also explore our website at https://www.familylawattorneymesaaz.net/scottsdale/ to learn more about family law matters.
Name, Address, and Phone
Jensen Family Law in Scottsdale AZ
7702 East Doubletree Ranch Road #336 Scottsdale AZ 85258,
Jensen Family Law in Mesa is located on 3740 E Southern Ave Suite 210, 85206 Mesa, Arizona. From Phoenix Sky Harbor International Airport (PHX), Take S 41st St to E Sky Harbor Blvd, then head west on E Sky Harbor Blvd and Use the left lane to take the exit toward S 41st St. Then Turn right onto S 41st St. After that, Continue straight to stay on S 41st St, then Take AZ-202 Loop E, AZ-101 Loop S and US-60 E to S Val Vista Dr in Mesa. Take exit 184 from US-60 E after that Merge onto E Sky Harbor Blvd, then Use the left 2 lanes to merge onto AZ-202 Loop E toward Tempe/Mesa and Use the right 3 lanes to take exit 9 to merge onto AZ-101 Loop S. After that, Use the right 2 lanes to take exit 55A-B to merge onto US-60 E toward Globe, then Take exit 184 for Val Vista Dr. Then Continue on S Val Vista Dr to your destination and Turn left onto S Val Vista Dr. Turn right onto E Southern Ave, then turn left and Destination will be on the right.
We’re open 9 AM – 5 PM Monday – Friday and we are closed on Saturday and Sunday.
For additional questions you can call us at (480) 999-2321 or you can find us on Yelp.