Prenuptial Agreements are enforceable in Wagoner County family court. If you’ve gotten engaged, discussing the division of assets during a divorce is probably the last thing on your mind. However, as more people enter into marriages with substantial assets and debt, everyone could benefit from a prenup. Here are a few reasons to consider a prenuptial agreement in Oklahoma.

Prenuptial Agreements Minimize Disagreements

Knowing how asset division will be handled in the event of a divorce will provide you with peace of mind, which makes a marriage longer and healthier. If the unthinkable happens, prenuptial agreements offer emotional and financial benefits; it minimizes legal fees and keeps everyone calm.

Protecting Separate Property and Assets 

Are you heading into matrimony with substantial assets? Or, are you expecting an inheritance? Do you own a business that’s growing? During a marriage, certain behaviors and actions may blur the lines between marital and separate assets. A prenup will help keep things clear.

One Person’s Assets Exceed the Other’s

If you’ve inherited or saved assets, you may wonder what will happen to them if the marriage ends. Usually, anything you own before marriage you will be keep after a divorce. There are a few exceptions, but with careful planning, you can save money and time.

Setting the Tone for Financial Honesty

Money is a top source of contention for married couples, and financial conflicts are one of the most common reasons for divorce. Being financially transparent from the beginning increases trust and sets the tone for the rest of the marriage. The easier it is to navigate financial issues, the less likely a couple is to fight over finances.

In Addition To State Laws

The laws of asset division vary by state. For example, Oklahoma follows the rule of equitable distribution, which means that assets are divided in a fair but not always equal manner. However, a prenuptial agreement overrides state law, no matter where you live. With a prenup, you, not the family court, decide how to allocate your assets during a divorce.

Protecting You From a Spouse’s Debt

Some people enter marriages with substantial credit card or student loan debts. If there’s no prenuptial agreement, you may be responsible for a share of that debt in a divorce. These agreements keep you from assuming your spouse’s financial burdens.

Child-Rearing and Custody

It’s quite common for a partner to put their career on hold so they can stay home and raise their children. In the event of a divorce, the at-home parent may find it very hard to get back into the swing of things. Though a custodial parent will likely get child support in some form, that assistance ends when the children reach the age of majority. A prenup will help outline each party’s financial responsibilities to the other.

Is It A Good Idea to Have a Prenup?

No matter your financial status or age, signing a prenuptial agreement is a good idea. With a solid prenup, you’ll start your marriage with the reassurance that comes with knowing that your (and your spouse’s) rights are protected.

Wagoner County Attorneys Near You

If you’ve got questions regarding prenups and how they’re enforced we can help you. Our family lawyers in Wagoner have helped people protect their assets both before and after a divorce. Get a Free Consultation