What needs to be included in a Prenuptial Agreement?
There are certainly more issues and items to be included, but these are the basics:
- A couple should identify and divide various assets that belong to each spouse, separately from the other.
- How finances will be managed (joint or separate accounts, sharing of bills or costs, how income from a non-marital business will be used, etc.)
- Include spousal support requirements, if any.
- Special considerations for inheritance rights for children from a previous marriage.
- The allocation of debt, especially debt incurred during the marriage.
- Desires to keep property within the family.
A prenup cannot include provisions regarding parental responsibility, time sharing, or child support—these topics are handled separately based on guidelines set forth by Florida law and the best interest of the children involved. Other aspects of child rearing can be included, such as specific provisions about sharing the child’s education costs or specific assets the children should inherit following your divorce or passing.
You will find plenty of other concerns regarding the necessity, the procedures, and administration of prenuptial agreements. It goes without saying, lawyers familiar with marital Florida law such as Myrthil’s Law, P.A. in Tampa can help you navigate the terrain before it becomes too complicated. We know how to protect your concerns and your assets. Speak with a representative from our firm today about creating a prenuptial agreement that works for YOU.