Protect Your Assets
When You're In Love –Because the Future Is Never Certain
In a recent conference I attended, the divorce lawyer conducting the seminar called himself the "champion for the over-privileged" and lent us some great tips on negotiating executive contracts in employment contracts. Because of my background in both employment law and family law, I’ve always recognized the parallels between pre-marital agreements and employment contract negotiations.
This recent conference got me thinking even more about the importance of establishing a premarital agreement while the embers of love are red hot. Employment is very much like a marriage – you hold all the cards in the beginning. An employer spends effort, time, and money searching for the right person to fill a job position. After a company finds the person that fits this role best, the recruiting turns into negotiating. The employer wants the best person for the job, and the prospective employee is in a strong position to get the best employment contract available because he or she has now established themselves as the object of that employer’s interest.
The same is true in marital contracts. You are best able to protect your current (and future) assets when you and your partner are "in love." The recruitment (flirting turned dating) is over and the offer (proposal) has been extended. Just like in an employment setting, parties will be more apt to negotiate reasonably when they genuinely want to begin work with each other.
Some of the most difficult and emotional cases are those after a "break up" and you want to be sure that your expectations are clear and in writing. Marriage is a legal contract between two spouses and the state and it should be treated as such at the beginning— before big changes and unforeseen conflicts leave things unmanageable.
If you or someone you know has encountered the "love of their life" (whether an employer or a spouse), they should call a lawyer to protect their best interests just in case a dispute arises. Contact us today for an appointment for a consultation with our Oklahoma City lawyers. We can come up with an innovative way of approaching your next commitment.
Who Should Get Pre-Nups?
Everyone. The pre-nuptial agreement is not only for those holding a lot of property or assets going into a marriage. The Pre-nuptial agreement will protect the assets and property that have been achieved during the marriage as well.
We have written prenups for:
Small Business Owners
Real Estate Managers
Couples intending on one spouse to stay home with children
Benefits of a Prenuptial Agreement
Having a well-crafted prenuptial agreement prior to entering your marriage can be beneficial for many reasons. Perhaps the most beneficial reason to establish a prenuptial agreement is that it begins a dialogue between both parties about the expectations and objectives of their union. It is a great opportunity to work together as a team and come up with marital goals and understandings. Overlooking important opinions that each partner rightfully holds is a wasted opportunity to strengthen a budding relationship and establish open communication.
Establish and protect separate property during property division
Define separate and marital property
Decide how to handle debt
Decide on spousal support
Minimize conflict by saving money and time. This cannot be understated. Contested divorces are expensive because both parties are fighting over the exact issues that the pre-marital agreement has already worked out.
Get Mazaheri Law Firm on Your Side
Call us today 405-414-2222
Start your marriage on the right foot with clearly defined roles and expectations of each spouse. Whether you currently have a large or small estate, or anticipate a high paying career in the future, everyone can benefit from having a prenup. Our Oklahoma City family law attorneys have vast experience helping clients draft customized prenuptial agreements that reflect their specific needs. We understand the unique issues that different couples face and can work closely with you and your spouse to create an agreement that can satisfy both parties. In the event of a divorce, we can also represent clients in enforcing marital agreements through litigation.