Portland Prenuptial Agreement Attorney
Skilled Prenuptial Agreement Lawyers Serving Portland, Oregon
Prenuptial agreements, once considered a device used only by the extremely wealthy, are becoming more commonplace among people of all income brackets. A well-written prenuptial agreement requires the parties to have an open conversation about how the finances will be handled in their upcoming marriage. Often, this prudent step of financial planning is overlooked by people who enter marriage without discussing the parameters of the parties’ finances or their future expectations. Additionally, a prenuptial agreement can provide peace of mind to both parties during the marriage, since it clarifies what the intent of the parties is ahead of time. Interestingly, pre-planning with a prenuptial agreement can strengthen a marriage because it can address some of the financial fears or concerns that parties may otherwise harbor. A Portland prenuptial agreement attorney will be able to guide you through this process.
What To Expect In An Oregon Divorce Consultation
We meet with all potential clients in person for the first consultation. This allows us to meet potential clients and hear the background of each case, to determine if your case is a good fit for our office, and to provide information about a client’s rights and responsibilities under Oregon law. We offer this initial consultation for a flat fee.
When starting the process for finding a lawyer, potential clients often ask “who is the best divorce lawyer in Oregon” or the “who is the best divorce lawyer in Portland?” The answer is: the lawyer who gets the results you need. Like the rest of family law, there is no one-size-fits-all when it comes to selecting a family law attorney. The best attorney for you is the one who listens to your circumstances, provides solid legal advice, and facilitates and achieves your goals. Contact one of our Portland prenuptial agreement attorneys today to set up a consultation.
Prenuptial Agreements In Oregon
In our modern world, prenuptial or premarital agreements are no longer only considered matters of the wealthy or high-profile. With more couples coming into marital unions having had prior marriages, children, and their own assets, prenuptial agreements are often just common sense vehicles to protect and keep separate each individual’s debts and assets, both to the individual’s own advantage but also to the spouse’s.
Who Should Get A Premarital Agreement In Oregon?
Communicating about financial matters is one of the most important things a couple can do to ensure their marriage’s success. In this vein, many couples choose to do this with a prenuptial agreement that sets these things out in advance to provide full disclosure and expectations. When both parties come into a prenuptial agreement knowingly and willingly, it can reduce many potential future conflicts.
What Is A Prenuptial Agreement?
As a contract between both parties, a prenuptial agreement will serve to set out an agreed-upon division of assets, debts, expenses, and other responsibilities within the context of the marriage. Each party should be represented by their own attorneys but can be conducted in a cooperative or collaborative manner. This will ensure the fairness of the agreement and give sufficient time for a complete review and negotiation.
After a prenuptial agreement is agreed to and executed by both parties, it will be legally enforceable in the event of a divorce.
What Does An Oregon Prenuptial Agreement Cover?
A premarital agreement may:
- Differentiate between separate assets and joint assets
- Protect each party against the other’s debts
- Set out spousal support agreements (or waivers) and how to identify how assets will be divided in the event of divorce
- Address inheritances, gifts, and tax issues
and other essential matters. This will ensure that both parties are on the same page as they come into the marriage. It will also simplify matters if the couple eventually decides to divorce.
The terms of a prenuptial agreement are negotiable, so it is important to get skilled legal advice from an Oregon prenuptial agreement attorney. Sometimes, a prenuptial agreement will cause one partner to give up certain rights they would have under the law, so it is important for both partners to have their own legal representation before signing. This ensures that each partner understands their marital rights and what the consequences of signing a prenuptial agreement could potentially mean for them.
The Advantages And Disadvantages Of A Premarital Agreement In Oregon
When partners come to a marriage with full disclosure, it can provide peace of mind or red flags when understanding each other’s intentions. In many cases, a couple who has taken the time to craft and execute a prenuptial agreement can find that it strengthens the union because it takes many fears and suspicions out of the equation. Most couples also recognize the added advantages that a premarital agreement can have in estate and future financial planning. Also, such an agreement can provide deeper understanding and trust between parties as well.
It may feel unromantic to have a prenuptial agreement. The partner who is asked to sign a prenuptial agreement before marriage can often misinterpret its purpose. A prenuptial agreement also cannot address matters of child support or child custody in the event of a divorce.
Getting Legal Guidance
It is always important to get legal guidance when it comes to signing a prenuptial agreement to ensure that you understand your legal rights and how the agreement may impact them. At the Jill Brittle Family Law Group, we are experienced Portland prenuptial agreement attorneys and are happy to draft an agreement or review one that has been prepared by another attorney. Contact our office to schedule a consultation.