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If you are planning to get remarried and already have children, then it is essential to consider what protections you may want for them. While many options are available, one increasingly popular choice among couples with children is the marital agreement.
Keep reading as The Virga Law Firm, P.A. explores how marital agreements are becoming more common and explain how they can provide children with additional security in the event of a divorce.
What Is A Marital Agreement?
A marital agreement is a contract between two spouses that defines how assets, property, and debts will be allocated if the couple divorces or one spouse passes away. It’s essentially a pre-divorce agreement between both parties that outlines who gets what in case of separation or death. This type of agreement has become increasingly popular for couples who have been married before — especially those with children from previous marriages.
Why Are Marital Agreements Becoming Increasingly Common?
Marital agreements offer spouses protection during an unexpected turn of events. They are often seen as an insurance policy that allows both parties to leave the relationship knowing their rights and responsibilities have been outlined ahead of time. As such, these agreements have become increasingly popular among couples in Florida and other states who feel they need additional security when entering a new marriage — especially if they already have children from previous relationships or marriages.
How Do Marital Agreements Provide Additional Security For Children?
Marital agreements can provide extra protection for your children if something happens to either parent or if your marriage were to end in divorce. These agreements can outline how any assets or property acquired during the marriage will be divided between spouses in case of death or divorce — ensuring that your children’s financial future remains secure no matter what happens. Additionally, these types of agreements can also establish custody arrangements for any minor children involved—allowing parents to determine who will care for their child should something happen to them before their child reaches adulthood.
Have Questions About Nuptial Agreements?
When it comes to protecting your family during remarriage, having a marital agreement in place is becoming increasingly more common due to its ability to provide additional peace of mind should anything unexpected occur. If you are considering getting remarried and already have children, then you must consider all available options so that your family is protected no matter what happens down the road.
Ready to move forward with your life after separation? If you are getting remarried, you may be considering a nuptial agreement. Contact the team at The Virga Law Firm, P.A. at (800) 822-5170 if you have any questions about this process.