5 Reasons Why Your Prenuptial Agreement Might Be Invalid
Premarital agreements are documents coupes can sign prior to getting married that will provide basic outlines for how assets and liabilities should be divided in the event of a future divorce. If one individual is entering the marriage with significantly greater wealth or debt than the other, a prenuptial agreement can be a great way to ensure that everyone's interests will be protected. However, if your prenuptial agreement fails to meet certain requirements, it may not hold up in court if/when the need for it arises. Phillips, McElyea, Carpenter, & Welch, P.C. is here to help you get a better understanding of some of the factors that may render a prenuptial agreement invalid. 1. Poor Timing C ontracts should allow all signing parties have adequate time to read through the contract, consider their options, ask any questions, and ultimately make informed decisions before signing on the dotted lines. Prenuptial agreements that are written and signed after the wedding or...