How to Get a Prenup in Salt Lake City
The ideal time to plan out your divorce is not while you're going through it. Somewhere between 40% and 50% of first marriages today end in divorce. Many of these people come to the table unprepared and more stressed out than they needed to be for two distinct reasons.
For one, even with these statistics, people don't think they'll get divorced. Second and most importantly – people fail to get a prenuptial agreement before getting married.
A prenup can save you a lot of trouble, so it pays to think ahead. Here's how to get a prenup that can protect your interests.
What Exactly Is a Prenup?
A prenuptial agreement is a legal arrangement created prior to getting married that explains how the marriage will be dissolved. It is a contract that hashes out both parties' responsibilities, obligations, and what they are entitled to in a divorce.
If you're a Salt Lake City resident, your divorce would be handled under Utah family court laws. Utah is a no-fault divorce state, so you only need to claim irreconcilable differences. There's a 30-day waiting period for divorces in Utah, and you need to also understand how property is divided, and custody arrangements are created.
But with a prenup, you won't have to worry about getting the courts involved. A solid Salt Lake City prenup makes divorces quicker, less expensive, and less stressful. It largely becomes a matter of producing and enforcing the document since you and your spouse already did the hard work and heavy lifting.
What Does a Prenuptial Agreement Cover?
Start exploring the creation of a prenup agreement so that you can handle the most important matters of your divorce. There are several factors at play in a prenup, and you have the freedom to put in several of your own clauses.
Here are some of the main things that prenups typically address:
The Division of Property and Assets
Your Salt Lake City prenup will decide how marital property is divided in the event of a divorce. In Utah, marital property refers to the assets that you acquire during the marriage. This can refer to things like real estate, land, vehicles, jewelry, and investments.
When you hash out a prenup, the two of you will disclose and highlight all of your marital property so that you can decide how you want to divide it. Getting the chance to make these agreements upfront will ease the burden and help you both come up with equitable solutions.
Financial Division and Spousal Support
Prenuptial agreements also dictate how money is divided and whether ongoing support is an option. The agreement might outline a divorce settlement that can include a lump sum payment or spousal support. This typically happens when one spouse has less earning potential than the other or if they sacrificed career potential for the marriage or family.
It will include a fair amount that the two of you agreed on rather than leaving it to the courts to decide.
Hire a Salt Lake City Prenup Lawyer
The main factor in all of this is to hire a prenup lawyer who can put it all together for you. These professionals are certified by the American Bar Association (ABA) and specialize in divorces and other family court matters.
Many of these attorneys also offer mediation services or can refer you to a mediator. This lets you get a cooperative divorce, which is less expensive, quicker, and keeps you and your spouse from being at odds with each other.
Choose a prenup lawyer that is fair and transparent so that you and your soon-to-be spouse can come up with agreements that work for both of you. A quality lawyer can also foresee issues that evolve over time and can provide help updating your prenup as these details change.
Make sure to ask about the attorney's legal fees so that you know how much you'll pay for their services. Learn the process of getting a prenup and book a consultation with an attorney that can assist you. They will sit down with you and create a draft of the prenup and will work with you both to include all of the details and clauses that matter the most.
How to Get a Prenup That Works for You
When you look into getting a prenuptial agreement, you will protect yourself, your assets, and your future. Now that you understand more about how to get a prenup in Salt Lake City, you will need the help of an attorney that can look after your interests.
Fair Price Lawyers can help you put together a prenup that will protect your interests for the rest of your life. To tell us about your case, contact us online or call (801)999-0104.