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Category Archives: Prenuptial Agreements

Prenuptial Agreements

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Could Opening a Bank Account Impact Your Prenup?

Financial planning before marriage was once an obscure topic, whispered about in legal circles and high-net-worth families. Today, the number of couples who have signed prenuptial agreements has grown by 12%. Prenups are now a standard tool for couples preparing to tie the knot. However, with the increase in popularity of prenups comes a new consideration for couples – should…

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Prenuptial Agreements: Understanding Their Importance and Enforceability

Marriage is more than just a romantic commitment; it is a legal contract that intertwines two lives, including their assets, businesses, and potential inheritances. Therefore, the importance of prenuptial agreements cannot be overstated. These documents serve as a protective shield, ensuring each party's interests are safeguarded in case of divorce. At Iafrate & Salassa, P.C., we understand the value of…

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Importance of a Prenup for High Net Worth Divorce

Prenuptial agreements are appropriate for any couple about to get married, but they are of particular importance for couples with a high net worth. Divorces that involve high net worths or a great amount of assets are incredibly complex. First separate property and marital property must be defined, and then it must be divided. All of this is extremely complex,…

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Things to Consider if Your Divorce Goes to Trial

Many couples understand that when getting divorce, the best scenario involves the two spouses working together to come to a resolution on terms such as property division and parenting time. Unfortunately, that is not always possible, and couples often reach an impasse when considering what is fair. When this is the case, the couple may consider entering litigation and taking…

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Does Michigan Recognize Common Law Marriage?

Some couples cannot wait to get married and start sharing their lives together as an official union. Other couples, however, do not feel the same way. While these couples may love each other and want to live together, they have no desire to get married. These unions are known as common law marriages and in many states, common law couples…

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Prenuptial Agreements on the Rise

Prenuptial agreements, commonly referred to as “prenups,” are increasing in popularity, and not just for the wealthy. More and more couples are using prenuptial agreements to determine custody of pets as well as to put into place emotional protections, such as a requirement for counseling prior to a divorce. What is a Prenuptial Agreement? Prior to marriage, couples may sign…

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