(423) 648-6622
Prenuptial, Postnuptial, & Cohabitation
Forming Fair Postnuptial, Cohabitation, and Prenuptial Agreements in Chattanooga, TN
No matter your marital or relationship status, it’s smart to think about property distribution in the future. Marital arrangements like postnuptial agreements tend to be associated with divorce, but that is simply not the case. Postnuptial, prenuptial, and cohabitation agreements ensure fair property and asset distribution if one spouse dies, becomes incapacitated, or if there are children involved. Angela C. Larkins, attorney-at-law is here to answer all your questions and guide you through the process of forming a prenuptial agreement in Chattanooga, TN. As a skilled mediator and Certified Divorce Financial Analyst, Attorney Larkins has valuable, in-depth experience when it comes to division of:
- 401(k) plans
- Pension plans
- Savings accounts
- Real estate
- Businesses
- Savings accounts
- And more
Whether you need an agreement drafted or an existing agreement adjusted, our law firm will work hard to establish a reasonable settlement for both parties. Contact us today for a consultation on your family law case.
Prenuptial agreements in Chattanooga, TN
A prenuptial agreement establishes property distribution before you get married. It does not guarantee a divorce. Instead, it simply outlines asset division in the case of divorce, spousal incapacitation, or death. You should speak to Attorney Larkins about a prenuptial agreement if you are in any of the following situations:
- If you are entering a marriage and have a minor(s) or adult child(ren) from a first marriage: a prenuptial agreement protects your minor’s or children’s inheritance rights. In addition, it can help your children and spouse avoid property disputes after your passing.
- If you are entering a marriage and have either substantial assets or a significant income disparity with your soon-to-be spouse: by establishing a prenuptial agreement, you are protecting your rights to premarital assets and property.
Have questions? Call us to learn more.
Postnuptial agreements in Chattanooga, TN
A postnuptial agreement can be established at any time during your marriage, whether you’ve been married for one month or 25 years. A postnuptial agreement is not a precursor to divorce, but it does let you have a say on asset and property division once your marriage ends. If you get divorced or your spouse dies or becomes incapacitated, this type of marital agreement protects the inheritance rights of your children from a first marriage. This means that it helps prevent a legal battle over property between your spouse and your adult children after your death. Contact Attorney Larkins to learn about setting up a postnuptial agreement.
Cohabitation agreements in Chattanooga, TN
Long-time couples sometimes share property and assets although they may never legally get married. If that’s the case, contact Attorney Larkins to form a cohabitation agreement. This agreement helps protect your property and asset rights if you and your significant other break up. A few reasons to consider forming a cohabitation agreement include:
- You hold significant assets
- You will receive or have received an inheritance
- You have children
- You own a business
- You purchased property before or during cohabitation
- You earn significantly more or less than your partner
- You financially support your partner
- You want to serve as a guardian or make medical decisions for your partner if they become incapacitated
Unlike divorce, there are no laws that determine the outcome of your assets if you separate from your partner. It’s wise to protect yourself—and your partner—by establishing a cohabitation agreement. Contact Angela C. Larkins, attorney-at-law in Chattanooga, TN, to learn more.
