What is a prenuptial agreement?
Prenuptial agreements, sometimes referred to as “prenups,” are private agreements between a couple contemplating marriage. Typically a prenuptial agreement customizes the arrangement of your marriage and provides provisions for the following in the event of a divorce, or death of either spouse:
- How the property owned by each of you prior to the marriage, and the property that is acquired during your marriage
- How the income and earnings of each of you are treated during the marriage, and determining to what extent a spouse is entitled to alimony or spousal support if there is a divorce
If you have such an agreement it will likely make the divorce process easier, in the event that the marriage becomes dissolved. The law offices of Kelleher & Kelleher can assist you with protecting your legal rights if you are contemplating a prenuptial agreement. We can also assist you if you are a party to a prenuptial agreement and you are now contemplating or facing a divorce action.
In the State of Nevada
Prenuptial agreements are enforceable in Nevada, and Nevada has adopted the Uniform Premarital Agreement Act. In Nevada, a prenuptial agreement must be in writing and signed by both parties. However, prenuptial agreements are frequently challenged in Nevada at the time of a divorce.
The Reality of Divorce
Unfortunately the possibility and probability of divorce is quite high, which also increases the likely need and use of a prenuptial agreement.
41% of first marriages end in divorce
60% of second marriages end in divorce
73% of first marriages end in divorce
Why might you need
A Prenuptial Agreement?
- To protect assets owned by a party prior to marriage
- To designate the payment and division of debts
- Gives you the ability to establish a plan for payment of joint expenses during marriage
- To alleviate any fear of the couple’s parents or children that a new spouse is only looking to take advantage of a spouse’s property
Let us help you.
Whether you are thinking about entering into a prenuptial agreement, or already have one and are exploring the option of divorce, contact us for a consult today!
Call us at (702) 384-7494