Advantages of Prenuptial Agreements in Minnesota

Protecting Your Assets

When entering into marriage, couples often consider creating a prenuptial agreement to safeguard their individual assets. According to Minnesota Statutes Section 519.11, a prenuptial agreement allows spouses to define the property rights and financial responsibilities in the event of a divorce. This proactive step can help avoid disputes over asset division, providing clarity and protection for both parties.

Ensuring Financial Security

Prenuptial agreements are valuable tools for establishing financial security within a marriage. Under Minnesota law, couples can address matters such as alimony and spousal support in their prenuptial agreement (Minnesota Statutes Section 519.11). This allows them to agree on terms that align with their preferences and circumstances, providing a clear framework for potential financial obligations.

Preserving Family Businesses

For couples with family businesses, a prenuptial agreement can be crucial. Minnesota law recognizes the importance of protecting family assets, including businesses, and allows couples to address these matters in their prenuptial agreement (Minnesota Statutes Section 519.11). This ensures the continuity and integrity of family enterprises, even in the event of marital dissolution.

Tailoring Child Custody Arrangements

While prenuptial agreements primarily address financial matters, Minnesota law allows couples to include provisions related to child custody and support (Minnesota Statutes Section 519.11). This can be particularly beneficial for couples with children from previous relationships, allowing them to customize arrangements that prioritize the best interests of the children.

Family Law Services at Beckman, Steen & Lungstrom

At Beckman, Steen & Lungstrom, our experienced family law attorneys understand the importance of prenuptial agreements in preserving individual rights and promoting marital stability. Our services include:

a. Prenuptial Agreement Drafting

We assist couples in drafting comprehensive prenuptial agreements tailored to their unique circumstances. Our attorneys ensure that the agreement complies with Minnesota statutes and encompasses the specific provisions desired by the parties.

b. Legal Guidance in Family Law Cases

In addition to prenuptial agreements, we provide comprehensive legal assistance in various family law matters, including divorce, child custody, and paternity disputes. Our experienced team is dedicated to protecting your rights and achieving fair outcomes.

Contact Our Minnetonka Family Law Attorneys

For personalized legal assistance in family law matters, including prenuptial agreements, contact Beckman, Steen & Lungstrom at 952-938-3411. Schedule a free consultation with our knowledgeable family law attorneys to discuss your specific needs and concerns.