While getting married can be one of the most joyful experiences of your life, you never know what the future holds for you and your spouse. However, a great way to protect the financial future of both parties is to establish a prenuptial or postnuptial agreement. It is important to understand that these matrimonial agreements are not only enforced in the event of a divorce, but they can determine how property and assets acquired during the marriage will be fairly handled.
At Lowe, Stein, Hoffman, Allweiss & Hauver L.L.P., our New Orleans prenuptial and postnuptial agreement lawyers assist couples who are preparing for their marriage or couples whose circumstances have changed during their marriage which require the specific protections afforded by prenuptial or postnuptial agreements. With more than 40 years of experience, we have the complete knowledge of Louisiana family laws to explore all of your legal options and obtain the results you desire.
Louisiana is a community property state, which means that all marital property must be divided 50/50. Sometimes this split can be seen as unfair, especially if one spouse ended up paying for most of their marital property.
Many couples create these matrimonial agreements in order to “opt out” of the community property regime and modify their own rules. While this “opt out” provision can be seen as a way to prevent the other from obtaining their property and assets, it can protect and defend their spouse from their party creditors from liabilities they may incur. In addition, couples can still own property together if they decided to do so based on the terms of their agreement.
The following are the common reasons why a couple may decide to get a prenuptial agreement:
- One spouse has a greater amount of property and assets than the other
- One spouse gives up a lucrative career in order to stay at home with children or follow the other spouse to a new geographical location
- One spouse has children from a prior marriage
- One spouse is part of a family business
You may want to consider a postnuptial agreement when your relationships changed due to the following:
- Birth or adoption of a child
- Change in career
Let Us Draft Your Matrimonial Agreements Today!
While it may not be the most romantic way to talk about finances, deciding to get a prenuptial or postnuptial agreement can ensure that you and your spouse can openly communicate about marital finances and know that your spouse doesn’t have ulterior motives in your marriage. Our New Orleans prenuptial and postnuptial agreement lawyers can help you navigate through the process of drafting a prenuptial and postnuptial agreement that benefits you and your spouse.