Louisville Prenuptial Agreement Lawyer

No matter your wealth status, signing a prenuptial agreement can be extremely beneficial. However, if you are entering a marriage with a large amount of wealth, highly valued assets, or own a professional practice or business, signing a prenup is not only a good idea, it may be essential. Whether you own a private medical practice in St. Matthews or have inherited wealth from a family member, a Louisville prenuptial agreement lawyer can protect you.

Why Hire Straw-Boone Doheny Banks Mudd Catalano & McKinney, PLLC

For over three decades, Straw-Boone Doheny Banks Mudd Catalano & McKinney, PLLC has been helping individuals and families alike through various cases involving family law matters, from divorce to adoption to the drafting and signing of prenuptial agreements.

We know that protecting what you have worked so hard to build is not unromantic; it is necessary. Our team has handled countless family law cases in Jefferson County and throughout the state, and we are ready to do the same for you.

We pride ourselves on our communicative and compassionate legal counsel and representation and are here to ensure your rights are advocated for and protected when drafting and signing a prenuptial agreement.

Over the years, members of our team have proven themselves professionally by securing accolades such as the Martindale-Hubbell Bar Register of Preeminent Women Lawyers and Best Lawyers in Family Law. Let us put this level of excellence to work in your case.

Coverages of a Louisville Prenuptial Agreement

Kentucky sees an approximate marriage rate of 20.7 for every 1,000 residents every year. Yet, many couples do not sign prenups, especially when they do not believe they are wealthy enough. While wealth is an important factor in the creation of a prenup, anyone can benefit from having an agreement drafted and signed before marriage.

Kentucky sees an approximate marriage rate of 20.7 for every 1,000 residents every year. Yet, many couples do not sign prenups, especially when they do not believe they are wealthy enough. While wealth is an important factor in the creation of a prenup, anyone can benefit from having an agreement drafted and signed before marriage.

When seeking a prenuptial agreement, it is important to understand what topics it can address in the event of a divorce. Some of the most common topics included in a prenup include the following:

• Debt division. When a couple marries, they might bring certain debts into their marriage, such as vehicle loans, credit card debt, personal loans, and mortgages on different types of real estate. For entrepreneurs, they might also bring certain business debts. A prenup can ensure that the party who brought in the debt is responsible for that debt in the event of a divorce, and may also be responsible for debt accumulated during the marriage.
• Asset division. During any divorce case, the division of property and assets will be one of the biggest areas of contention. A prenup can spell out how certain assets will be divided in the event of divorce, simplifying the entire process and reducing stress for all involved parties.
• A prenup can address separate property that is brought into the marriage and how any property acquired during the marriage will be divided. It can also change how property is classified.
• Spousal support. In the event of a divorce, a Kentucky prenup can specify how much, if any, spousal support will be paid out by the higher-earning spouse. Kentucky courts will often uphold these provisions as long as the amount of support is considered reasonable and fair to both parties.
• Inheritance protection. For certain individuals, having a prenup in place can help preserve the rights of their children or grandchildren from any previous relationship when it comes to how they can inherit items of their property. This is especially important for second or subsequent marriages.

Benefits of Signing a Prenup

Prenuptial agreements have garnered somewhat of a poor reputation over the years, being viewed as unromantic and as a sign that a couple is expecting their marriage to end at some point. This could not be further from the truth, and the outlook on these agreements is beginning to change. In fact, according to one study, 72% of millennials believe that prenups are actually a sign of responsibility and integrity, as well as smart financial planning.

Instead of being a sign of impending doom for the marriage, a prenuptial agreement actually shows that you care enough about your spouse that you want to ensure both your property and theirs is protected should the unthinkable happen. These agreements have several benefits, such as ensuring that your assets are protected in property division and simplifying the divorce process.

When Can a Prenuptial Agreement Be Challenged?

When drafting a prenuptial agreement in Louisville, it is critical to ensure that the agreement is valid and legally enforceable. In some cases, especially when a divorce does occur, one of the parties may try to challenge the prenup under certain circumstances. Factors that may lead to a challenge include:

• The agreement was not properly signed and executed by both spouses.
• One of the spouses failed to have an attorney review the agreement before it was signed.
• The agreement was actually signed under duress, coercion, or when one of the spouses did not have the proper mental capacity to understand their actions.
• The agreement was drafted poorly, such as in cases where the wording used is too vague.
• One or both spouses did not correctly disclose all of their property, assets, or income by the time the agreement was signed.
• The agreement is found to be unconscionable, unreasonable, or unfairly favors one party over the other, either at the time it was signed or at the time it is being enforced.

Hire a Prenuptial Agreement Lawyer Today

Before it is time to walk down the aisle, you may want to protect your assets from the uncertainty of the future. At Straw-Boone Doheny Banks Mudd Catalano & McKinney, PLLC, we understand that death and divorce are often the farthest thing from your mind when you are about to get married, but the future is never known, and protecting what you have built is essential.

Contact our family law offices to hire a prenuptial agreement lawyer today and learn more about how we can assist you.