Prenuptial agreements are a good idea for many Virginia couples. A prenuptial agreement allows you to determine how you will divide assets and debts equitably in a divorce, ideally saving you time and money. Under Virginia law, a prenuptial agreement, also called a...
Understanding prenups: reasons why they’re worth considering
Prenuptial agreements offer valuable protection for couples entering marriage, especially high-earning ones. These legal documents outline the division of assets in the event of divorce. In Virginia, where equitable distribution laws govern asset division, prenups...
Why do you need a prenup for a gray marriage?
Entering a new chapter of life through marriage is always exciting, but when you're over 55, it comes with unique considerations. Understanding the legal aspects of gray marriages is crucial whether you're blending families or protecting your assets. Let’s dive...
Should you include a sunset clause in your prenup?
These days, more and more couples sign prenuptial agreements before saying, “I do.” Prenups are more accepted and seen as essential marriage planning tools. While online templates offer quick solutions, prenups aren’t a one-size-fits-all type of document. Your prenup...
Prenups: Can they protect future assets and income?
The short answer is yes. Prenuptial agreements are legally binding contracts between prospective spouses. They can protect any existing assets and clarify each spouse's financial rights and responsibilities in the event of divorce. Under Virginia law, prenups can also...
The benefits of a postnuptial agreement
Couples may overlook the importance of safeguarding their future after getting married. A postnuptial agreement might be the key to protecting your assets and ensuring peace of mind in your marriage. Understanding how this legal document can benefit you and your...
Crafting a legally binding postnuptial agreement in Virginia
For newlywed couples, the early phase of marriage is an exciting time. As you begin this new chapter of your life together, discussing financial transparency can strengthen your relationship. A postnuptial agreement is a practical tool if you are looking to clarify...
Avoid these mistakes when creating a prenup
A couple deciding to sign a prenuptial agreement often receives mixed reactions from those around them. This is often due to misconceptions surrounding prenups, such as that they are a sign of distrust between two people on the cusp of married life. However, in...
When is getting a postnuptial agreement necessary in Virginia?
Holding on to what was in terms of your marriage is an uphill battle. The truth is, your married life has changed, no matter how you look at it. Certain situations might lead you to consider a postnuptial agreement. As you ponder whether to draft one, you might...
What should you know about prenuptial agreements?
Drafting a prenuptial agreement can serve as a proactive step towards establishing clear financial understandings and protections before marriage. This document can detail how you and your partner will handle everything from premarital assets and debt responsibilities...
