Women and men contemplating remarriage may be concerned about protecting their finances in the event that a second or third marriage does not work out. Their adult children may also worry that their inheritance may be diluted if their parent remarries. Although finding love later in life should be celebrated and enjoyed, there are valid reasons for concern when deciding whether to tie the knot a second time. If you want to protect your finances, a remarriage prenuptial agreement is a must, especially for those who have accumulated some wealth over a period of years or decades who do not want to lose what they have worked hard for if things go wrong.
If a new spouse plans to move into the family home, a death or divorce may create unexpected issues, especially with regard to inheritance. A prenuptial agreement can address how the home will be handled if, for example, a new spouse outlives the home owner – he or she could be given a life estate to stay in the home until his or her death or for a defined period of time before moving on. A prenup can also preserve the right to the home in a divorce, designating it as separate property not to be divided in the division of marital assets.
Contact Our Prenuptial For Second Marriage Attorneys
Having a prenuptial for second or third marriage in advance, can spare you and your family unintended consequences if something unexpected occurs after you remarry. A prenuptial offers a couple an opportunity to explore the future, so that all parties know what to expect. A prenup will ensure that you, your new spouse, and your family members are fully protected and no conflict of interest occurs following a remarriage. If you have questions regarding Wisconsin prenuptial agreements, contact the family law attorneys at Probst Law Offices for more information today at 414-210-3135.