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    If you live in Pensacola, and you’re planning to get married, it may be a good idea to consider a prenuptial, Pensacola agreement. In the state of Florida where reported divorce rates are high, not having a prenuptial agreement could be very costly.

    In 1983, Florida adopted the Uniform Premarital Agreement Act (UPAA). It allows couples to enter into valid premarital agreements that protect financial assets in the case of a separation or divorce. Agreements can be made between two parties prior to marriage, and must be in writing and signed by both parties to be honored by the Florida courts.

    Why Do I Need a Prenuptial Agreement?

    Whether you hold most of the marital assets, or both parties have assets to protect, a prenuptial in Pensacola is a good idea. In a marriage, finances are usually a major concern. Even in a healthy, sound marriage, couples often disagree or argue about bills, bank accounts and financial assets. Unfortunately, marriages don’t always work out as planned, so protecting your assets can be an important decision. A prenuptial agreement is a way to clearly define assets and outline the division and disbursements of assets through a separation or divorce. Although prenups aren’t very romantic, the reality is that many marriages end in divorce. Taking early steps to protect your assets can save money and emotional distress down the road.

    How Does a Prenuptial Agreement Protect Me?

    A prenuptial agreement in Pensacola can outline guidelines for spousal support, child custody and support payments, and division of property and financial assets. Typically, real estate is one of the largest financial assets during a marriage, and a prenup can protect rights and obligations concerning property. If the marriage ends with separation, divorce, or even death of one spouse, a prenuptial agreement can provide specific instructions for property divisions, maintenance costs, lease and sale rights, and living arrangements concerning that property. There’s even a provision for adultery. If one spouse admits to cheating, a cash payment can be awarded to the other spouse.

    Typically, child support can’t be determined through a prenuptial agreement. The court is required to follow state guidelines, however, both parties must honestly disclose all property and financial assets and obligations to be protected by a prenuptial, Pensacola agreement.

    Signing the Agreement

    If you’re considering a prenuptial agreement, Kenny Leigh & Associates can help you put together a prenuptial, Pensacola agreement that protects your financial interests. You have worked hard for your assets, so it’s important to protect them in the event of a separation or divorce. The state of Florida requires that all prenuptial agreements are in writing, signed by both parties, and properly notarized. For more information, contact our experienced team of attorneys who work hard to make sure that men’s rights are protected.