For many Minnesota couples, a prenuptial agreement is a smart choice. A prenuptial agreement can help you protect premarital assets and plan for the unexpected, as your enter your marriage relationship. At Mack & Santana Law Offices, P.C., our lawyers keep this in mind. We draft and review prenuptial and postnuptial agreements. Our attorneys have also litigated the validity of a prenuptial agreement in a divorce for clients seeking to contest or uphold the existing agreement between the parties.
Each couple is different, and each has different legal needs and goals. Minnesota recognizes equitable distribution of marital property. This means that assets, and debts acquired during the marriage are divided fairly between spouses based on a series of factors. The courts can also order support from the wages earned by either party depending on their circumstances. Difficult situations can arise when one spouse comes into the marriage with significant assets or debts. During the marriage, existing finances are often commingled with new property or debt acquired during the marriage. The result can be that, when a marriage ends, it would be very difficult and/or very costly to go back and trace all the premarital assets. In these situations, a prenuptial agreement can create certain definition to help divide assets in the event of a divorce so a spouse does not unfairly lose premarital property or gain the premarital debt of the other party. Premarital agreements can also provide direction on the issue of spousal maintenance/alimony, barring entirely if desired, as well as address the nonmarital or marital character of the increases in nonmarital property, whether passive or active increases. These are just examples of why people seek out antenuptial/prenuptial agreements and what they can do.
Contact a Minnesota Antenuptial Agreement Lawyer
Contact Mack & Santana Law Offices, P.C., by calling our Minneapolis law office at 612-200-2822 or our Prior Lake law office at 952-314-2617to speak with our lawyers.