Is A Prenuptial Agreement Right For You?
Although no one approaches his or her wedding day planning to eventually get divorced, statistics show it happens far more often than you might expect. According to the National Center for Health Statistics, nearly half of all marriages end in divorce.
Whether you have not yet tied the knot or are already married, planning ahead for the possibility of divorce is a prudent concern. Prenuptial and postnuptial agreements can provide you with greater certainty and peace of mind.
In Virginia, you can use such agreements to protect family-owned businesses, allocate property rights, predetermine alimony or spousal support and establish entitlement to life insurance, retirement, investments and other finances.
The agreement can be as general or specific as you would like. However, Virginia courts will not recognize certain types of provisions and agreements that are unfair or against public policy. To maximize the enforceability of the agreement, it is crucial to consult with an attorney.
At Big Valley Law in Harrisonburg, we have family lawyers who understand how to protect your rights and interests. We offer strategies and personalized counsel to empower clients to make better, informed decisions.