Salt Lake City Prenuptial Agreement Attorneys
Protecting Your Property Rights & Interests in Utah
People rarely get married expecting the relationship to end in separation or divorce. However, the reality is that many marriages do end this way, and the process can be extremely messy and contentious. Making decisions regarding the division of assets and property in advance can help prevent battles later. At Nelson, Taylor & Associates, we help clients create fair prenuptial agreements to protect both parties.
What Are the Reasons for a Prenuptial Agreement?
Although prenuptial agreements are most often associated with high-net worth individuals, a growing number of couples are choosing to enter into an agreement prior to getting married. Couples choose to have a prenuptial agreement for a variety of reasons, such as protecting assets owned prior to the marriage and children from previous relationships, as well as to avoid conflict in the future. A prenuptial agreement can give both parties the peace of mind that comes with knowing their rights are protected.
Creating Your Agreement
Prenuptial agreements are finalized and signed prior to the marriage but take effect as soon as the couple gets married. Most commonly, the agreement creates a plan for how assets will be divided in the event of a divorce, but other issues can also be outlined in a premarital agreement. We help negotiate fair prenuptial agreements that protect your interests and address the issues that are most important to you.
A prenuptial agreement may include:
- Property rights of each spouse
- Ownership of personal property
- Directions for the division of retirement accounts
- Alimony agreements
- Rights to manage and control property
- Disposition of property in a divorce or death
- Child custody arrangements
Note that child support which deviates from the state’s standards cannot be included in a prenuptial agreement and, in cases involving child custody, the state will always rule in the best interests of the child, regardless of the existence of a prenuptial agreement.
Determining the Validity of a Prenup in Utah
A prenuptial agreement must be mutually entered into by both participants, written, consented, and based on a fair declaration of both partners' property and debts in order to be binding under the Utah Uniform Premarital Agreement Act.
Helping You Avoid Potential Future Conflict
Couples are often hesitant to sign a prenuptial agreement out of concern about the possibility of a negative impact on the relationship. We work to ensure that both parties are comfortable with the terms and conditions of the agreement to avoid conflict in the future. Our Salt Lake City prenuptial agreement lawyers provide caring, honest, and experienced legal representation for our clients.