Helping Clients Navigate A Course To A Better Future

The financial protection of a prenup

People in North Carolina who are getting married might want to consider creating a prenuptial agreement, particularly if there are special circumstances. For example, if one of them has significant assets that they are bringing into the marriage, they might want to make sure that those are considered separate from marital property that may be divided in a divorce.

A prenuptial agreement may be needed if one of those assets is a business. Otherwise, in a divorce, the spouse may be able to own a portion of the business and may have a say in how it is run regardless of their experience. If one person has significant debt, a prenuptial agreement may help prevent the other spouse from being saddled with part of that debt in divorce. People who have children from a previous relationship might want to make sure that in the event of their death, their assets go to their children. Although conversations about prenuptial agreements may be difficult, they also give couples the opportunity to be completely open about their finances and how they view money.

Some celebrity divorces have demonstrated how expensive a divorce without a prenup can be. Musician Paul McCartney paid his ex-wife Heather Mills $49 million, and Madonna may have paid her ex-husband Guy Ritchie as much as $92 million.

People who are facing a divorce without a prenuptial agreement will have to negotiate how they will divide property or go to court, where a judge will decide how it is divided. If there is a prenuptial agreement, one still may challenge it. A prenup might be successfully challenged if it appears one person did not get thorough legal counseling. A prenup could also be declared invalid if it covers topics that are outside its remit, such as child custody issues.

Client Testimonials

A Wonderful Experience

I had a wonderful experience with Kennedy Law Associates. Marsha Kennedy and her Associates were knowledgeable, efficient, and caring. I felt like my case was a high priority to them, and they helped me understand every step of the divorce process throughout my entire case. I would highly recommend this firm to anyone looking for assistance with a family law matter!
Jennifer Haines

Smart, Caring Staff

I am savvy financially, but had no clue about the divorce process. Through it all, Ms. Kennedy and her staff have been there for me and my kids.

The experience you need through a difficult time

Marsha Kennedy and her team has expertly handled each situation and guided me through the process.

Highly Recommend!

Kennedy Family Law did a wonderful job representing me in my divorce. Always responsive and kept me informed – they really cared about me.
Bette Frederick

Highly Recommend!

I have been working with Marsha Kennedy and her team and am so impressed with how my case is being handled.
Kelly Peterson
FindLaw Network