Prenuptial, Postnuptial, and Cohabitation Agreements

Prenuptial Agreements

A prenuptial agreement sets out property distribution before marriage. It doesn't guarantee a divorce but outlines asset division in the event of divorce, spousal incapacitation, or death. Consider speaking to attorney Larkins about a prenuptial agreement if:

• You have minors or adult children from a previous marriage, as it protects their inheritance rights and helps avoid property disputes after your passing.
• You possess substantial assets, or there is a significant income disparity between you and your soon-to-be spouse, as it safeguards your premarital assets and property.

Have questions? Call us to learn more.

Postnuptial Agreements

A postnuptial agreement can be established at any point during your marriage, whether you've been married for a month or 25 years. This agreement is not a precursor to divorce; it allows you to have a say in asset and property division once your marriage ends. A postnuptial agreement also protects the inheritance rights of children from a previous marriage, preventing potential legal battles over property between your spouse and adult children after your death. Contact attorney Larkins to learn more about setting up a postnuptial agreement.

Cohabitation Agreements

Long-term couples who share property and assets but never legally marry should consider a cohabitation agreement. This agreement protects your property and asset rights if you and your significant other break up. Reasons to form a cohabitation agreement include:

• Holding significant assets
• Receiving or expecting an inheritance
• Having children
• Owning a business
• Purchasing property before or during cohabitation
• Having a considerable income disparity with your partner
• Financially supporting your partner
• Wishing to serve as a guardian or make medical decisions for your partner if they become incapacitated

Unlike divorce, no laws determine asset outcomes 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, to learn more.