Planning For Financial And Asset Protection
If you are getting married at a point in your life when you have acquired assets or have children from a prior marriage, you may well want to consider a prenuptial agreement to detail the manner in which you want your assets owned prior to your marriage to be treated in the event of your death or divorce. Not taking the time to protect your assets and ensure financial security for yourself and your children is a considerable risk if you should die or a divorce should occur.
Without a prenuptial agreement, Ohio law generally provides that any property or debt either party acquired during a marriage will be split equally. These laws can limit your options for division of property if you do not have other written agreements already in place. Postnuptial agreements — those entered into following a marriage — are not valid in Ohio. At Barbara J. Howard Co., L.P.A., we can draft a prenuptial agreement that will ensure that your assets are protected in the way you want them to be.
Over 40 Years’ Experience Protecting Marital Assets
A prenuptial, or “prenup,” agreement is a key tool for asset protection. Our team of lawyers can help construct a fair agreement that leaves both parties feeling positive and protected with respect to their future. We can assist you with:
- Keeping your premarital assets as your separate property
- Avoiding your spouse’s acquired debts
- Protecting your assets for your children from a previous marriage
- Provisions for spousal support if your marriage ends
- Division of real estate property
- Addressing child support provisions for future children
- Enforcing contractual obligations set before the marriage
- Protecting a family-owned business
- Estate planning provisions in the event of your or your spouse’s untimely death
It is essential to keep in mind that if you want to protect certain assets for your children, the only way you can reliably do this is through a prenuptial agreement.
Strategy And Advice For Our Clients
We pride ourselves on not just being spokespeople for our clients. We are also advisers who take the counselor role very much to heart. We will take the time to understand what your issue is and help you protect yourself — in both the short and long term.