Tagged: Prenuptial Agreements Explained

Prenuptial Agreements Explained

As an experienced attorney, Joseph Gufford is a partner at Gufford & Brandt in Stuart, Florida. Joe Gufford is a dedicated lawyer who not only cares about his client’s, but also the community in general. Joe Gufford exhibits this dedication through his pro-bono work and has been the recipient of the Martin County Bar Association Pro Bono Service Award.

As part of his work in family law, Joe Gufford takes a conscientious approach to creating prenuptial agreements.

A prenuptial agreement between two parties entering marriage is an effective way to protect personal property, real property and other assets as well as potential exposure to alimony.It can also be used as a tool to assist a potential spouse with lesser assets and earning potential in protecting their future. A prenuptial agreement clearly defines what assets will not become marital property, which removes them from the control of equitable distribution laws. It can also be used in conjunction with other estate planning tools such as trusts to make sure that the intended goals are achieved.

A lawyer who is sensitive to the misconceptions and implications of a prenuptial agreement can help provide guidance through this process. Signing an agreement does not mean divorce is imminent. A prenuptial agreement can be used to provide additional asset protection, regardless of how many marriages one has had in the past.