There are more older couples getting married now than there has usually been in the past. Often, both parties to the marriages have substantial assets and have had children from earlier marriages. A prenuptial agreement can offer some control over the assets they bring to the marriage and how assets acquired during the marriage are categorized in the event of a divorce.
Prenuptial agreements are valid if they meet certain requirements. They must contain a full disclosure of both parties’ assets. This keeps either party from claiming fraud or misrepresentation in the agreement. There must be no duress and the agreement must be fair. The less financially secure party must receive some benefit in the agreement. Contact us if you have questions about prenuptial agreements.