A History Of Growing Trust In Kentucky

Serving Kentucky business owners, individuals and communities since 1901

Your
Business

Your
Workplace

Your
Family

Government
Services

Common prenuptial agreement mistakes that can haunt you

| Jan 7, 2020 | divorce |

Before you walk down the aisle, you need to think about how you are going to protect yourself in case anything happens, and the marriage doesn’t last. One way that you can do this is to get a prenuptial agreement signed. This isn’t something that you can do at the last minute. Instead, it has to be done at a time when your betrothed will have ample opportunity to review the terms.

There are several things that might happen that could lead to the agreement being considered invalid. It is imperative that you don’t make any of these mistakes when you’re working on getting the protections of the agreement set.

One of the most important things to remember is that the agreement can’t overly favor either party. This means that you can’t walk away with everything while your ex doesn’t get anything.

The agreement must be based on facts and complete disclosure. You can’t hide or misstate anything when you are discussing the agreements. You have to include information about liabilities, assets, and income before the agreement is signed.

You can’t include provisions that are considered invalid. This includes things regarding child custody or support. It is possible that if unenforceable terms are set in the document that the court will only throw those out and keep the rest of the agreement in place.

Your prenuptial agreement doesn’t have to seem like a declaration that the marriage won’t last. Instead, think of it as a way that you and your future spouse can ensure you are on the same page about specific financial matters.