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What do prenuptial agreements cover?

If you are preparing to get married, you may have a variety of unanswered questions, from the location of the wedding to how marriage will affect your tax return. If you live in Lee County, or any city in Florida, prenuptial agreements can have a significant impact on your future and your relationship with your spouse. Whether your prospective spouse is asking for you to sign a prenup or you want to protect your assets, it is essential for you to properly approach an agreement before signing and understand what these contracts cover.

Prenuptial agreements may include a number of elements, according to the Florida Legislature's site. While prenups contain provisions related to the division of property following a spouse's death or divorce, they may also address property rights, a life insurance policy, spousal support and the establishment of a trust or will.

With regard to prenuptial agreements, you may have a number of concerns. On the one hand, you may be worried about how tying the knot could impact your property in the event of a divorce. At the same time, you may feel like you are being pressured into signing a prenup and don't know what to do. In both instances, closely reviewing your situation is pivotal. Furthermore, it is important to remember that if you and your spouse wish to revoke or amend your prenup, you can do so by signing a written contract.

This post is not to be construed as legal counsel and was written for general informational purposes.

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