Attorneys Draft Prenuptial Agreements In Virginia Beach, Chesapeake And Suffolk VA
A prenuptial agreement is a legal contract that has the power to shield your assets from the potentially damaging effects of unexpected events such as divorce, incapacity or business bankruptcy. The Virginia Beach prenuptial agreement attorneys at The Stallings Law Group, P.C. are skilled contract negotiators who can facilitate painless resolutions to potentially divisive conflicts and serve Hampton Roads, Virginia Beach and Suffolk, VA. We help couples communicate openly about the important things — dealing with debt and sharing expenses, caring for children from another marriage, managing the risk associated with owning a business or dividing assets in the event of divorce. Our family law attorneys can help you achieve a quick and cost-effective resolution.
We understand that it may be uncomfortable for you to broach the topic of a signing a prenup with a potential spouse. Take comfort in the fact that decisions made now can avoid years of heartache later. Our Hampton Roads, Virginia Beach and Suffolk, VA. prenuptial agreement lawyers work closely with newly engaged couples to guide them toward the most logical conclusions to their premarital disputes. We can help you begin the conversation without impinging on the joy of your upcoming wedding. It might be useful to consider the following:
- Do you know your fiancé or fiancée’s credit score?
- Do you know if your future spouse has assets?
- Do you know if your future spouse has debts?
- What is your fiancé or fiancée’s debt-to-asset ratio?
- Who is going to manage the money when you get married?
- How will your household expenses be shared?
- If you own a business, will your business be jointly owned after the marriage?
- If you have children from a former marriage or relationship, how will they be provided for in the event of your death or incapacity?
Conversation starters for prenup agreements
The prospect of approaching your fiancé or fiancée with a prenup may be daunting, but considering the stakes, it might be the right thing to do. The Suffolk prenuptial agreement attorneys at The Stallings Law Group, P.C. can help you take the first steps towards broaching this sensitive topic with a loved one. Please note that judges scrutinize prenups for the appearance of coercion or duress. It is vital to begin the conversation early. Afford your future spouse the opportunity to modify the provisions. If necessary, our Virginia Beach, VA postnuptial agreement attorneys can also help you update your prenup with a postnup after your marriage.
The following talking points can help you raise the topic of a prenup:
Contemplate the possibility of divorce: With more than half of all marriages ending in divorce, it only makes sense to take precautions. Our Virginia Beach premarital agreement attorneys can help you to make legal decisions while you are still clear-minded enough to choose reasonably. Acrimony takes a financial toll — costing some clients more than they can afford to lose. The financial devastation that occurs when married couples cannot reach amicable resolutions during a divorce can be avoided. An ironclad prenup can help to eliminate unnecessary court costs and legal fees.
Plan for incapacity: Think about your children or your dependents. If you are incapacitated by chronic illness or physical disability, who will take care of them? How will their expenses be paid? A prenup gives you the legal means to isolate your finances for your children and other loved ones if you suffer a traumatic injury.
Protect assets from business bankruptcy: As a joint owner or a sole owner of a business, your personal assets may be seized by business creditors seeking repayment of outstanding loans or unpaid judgments. Our Virginia Beach prenuptial agreement attorneys can advise you on how to insulate personal finances from potential creditors using various legal means.
A premarital agreement prepares for contingencies: If the contingency never occurs, the agreement’s provisions concerning that term are never activated. You continue to live together just as happily as you would if you did not have the prenuptial agreement.
Professional representation for family law matters
As skilled Hampton Roads, Virginia Beach and Suffolk, VA. divorce lawyers, we recognize the pain, frustration and stress a family law issue can cause. Call 757-422-4700 or contact us online to get legal advice from our experienced family law attorneys or inquire about a free initial consultation.