Prenups – They’re Not Just for Celebrities Anymore

by | May 30, 2013 | Law Services

Time was when the only people that you heard about having prenuptial agreements were the incredibly rich, such as celebrities and sports stars. And, though it is still true that many celebrities, athletes, and others who are in the public eye have prenuptial agreements before getting married, it is the case that ordinary, every day people have realized the benefit of them too. If you and your soon-to-be spouse are interested in exploring the advantages of having a prenuptial agreement, a family law lawyer in Pottstown, PA can discuss all that is involved in arriving at a prenuptial agreement.

It is certainly the case that the rich and famous still have the most publicized prenups around. For example, after his ex-wife walked away with $100 million, a Chicago mansion, and custody of their three children, basketball legend Michael Jordan immediately retained a family law lawyer and had his current bride-to-be sign a prenuptial agreement, almost as soon as the two were engaged in order to protect his substantial holdings which are estimated to be worth approximately $650 million. His fiancé was happy to sign the agreement because she believes that it will never come in to play. However, if it does, she will receive $1 million for every year that the couple was married.

Most couples do not have to worry about assets of that magnitude, but it is still important that they know that assets which they bring into the marriage will be protected should the marriage end in divorce. Though some would argue that meeting with a Pottstown Family Attorney from the outset indicates a predilection for divorce, those who deal in the realm of family law argue that having a prenuptial agreement is a proactive way for couples to delineate for one another what they value and what is of importance to them.

Whatever your reasons for visiting with a family law lawyer prior to your marriage, you can rest assured that your family lawyer will help the two of you to clearly list the assets that you are bringing to the marriage, any business interests that you own, either in common or separately, and what will become of your real property in the event that the marriage should dissolve.

If you want the assurance that your assets and holdings will be protected, or that children from a previous marriage will not be robbed of their inheritance if you should get a divorce, consult with David T. Schnarrs who serves the Pottstown area as soon as possible to arrange for a prenuptial agreement. If you and your spouse are already married, it is also possible to consult with a family law lawyer to arrive at a post-nuptial arrangement as well.

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