${site.data.firmName}${SEMFirmNameAlt} Main Menu
Call Today: 855-805-0595

Prenuptial agreements and inheritances

38197388_S.jpgMissouri parents who want to safeguard their adult children's inheritance for them should begin by having open conversations with them about their options. This can include prenuptial agreements.

A prenuptial agreement is a legal contract that a couple completes before they get married and that classifies assets as either marital or separately owned if the marriage ends. It is a tool that can preserve a child's inheritance if he or she were to divorce. However, it requires that both parties enter the agreement voluntarily and that they both offer full financial disclosure.

One of the benefits of a prenup is that it allows individuals to keep their premarital assets as nonmarital property, removing the need to go to court to prove which assets was theirs before their marriage. Assets such as investments, business properties, pensions and future appreciation and income can all be specified as nonmarital property.

Using a prenup also requires that both parties are upfront about their premarital debt. They can use the document to eliminate any responsibility they would have to pay for the debt of their future spouse. The prenup can also dictate which debts can be paid from separate personal assets rather than marital assets. If both parties of a couple own their own business, they can use the prenup to ensure that the businesses and any income that is earned from the businesses will continue to be separate property if the marriage ends. A prenup can also include provisions specifying terms for property division and spousal support.

A family law attorney can provide a variety of services for clients regarding issues that may have to be addressed in family court. This includes drafting and reviewing prenuptial agreement terms. The attorney may also advocate on behalf of clients who are seeking post-divorce order modifications.

No Comments

Leave a comment
Comment Information
2015 Top 100 Lawyers - ASLA Lead Counsel Rated Rated By Super Lawyers American Legal Institute | America's Top Attorneys 2016 Nation's Premier Top Ten Ranking 2016 | NAFLA 10 Best 2014-2016 | 3 Years Client Satisfaction | American Institute of Family Law Attorneys ™ Avvo Rating 10.0 Superb The National Trial Lawyers National Association of Distinguished Counsel | Nation's Top One Percent National Academy of Jurisprudence Rue Rating | Best Attorneys Of America | Lifetime Charter Member The National Advocates Top 100 Lawyers | America's Premier Attorneys Law Firm 500 | 2016 Honoree America's Top 100 Attorneys American Jurist Institute Top 10 Attorneys American Jurist Institute Top 10 Attorneys 2017
Stange Law Firm, PC

Stange Law Firm, PC
120 S. Central Avenue
Suite 450
St. Louis (Clayton), Missouri 63105

Toll Free: 855-805-0595
Fax: 314-963-9191
St. Louis Law Office Map