While it would be wonderful if all or even most marriages were “to death us part”, in the United States the census bureau statistics show the divorce rate over all after 20 years of marriage hovers around 50%, with a divorce occurring every 10 to 13 seconds. Statistics further tell us that in second marriages the divorce rate is 48% after just 10 years while a third marriage has only a 1 in 4 chance of survival with 73% ending in divorce.
With these statistics in mind, it is understandable that a couple, especially one entering into a second, third or further, marriage would be likely to want to protect themselves in the area of property and asset distribution and the payment of alimony. Additionally, if there are children from a previous marriage this agreement can help protect property rights of stepchildren and if the natural parent dies keep the stepparent from disinheriting the children. Too, the disposition of life insurance policies and what happens to property and assets if one party dies can be a concern. These later two concerns are especially true when older couples marry.
Unless widowed, previously married persons have experienced what can happen in a divorce. And, knowing that marriages can and do fail, a legally binding prenuptial agreement makes a lot of sense. While this agreement can be drawn up without legal advice, this is risky. To be sure the agreed upon stipulations will hold up in court it is wise to use an attorney well versed in preparing prenuptial agreements. Attorney Gisondo, PA in West Palm Beach Florida is experienced in these preparations and will prepare the appropriate documents if you live in Palm Beach, Martin, Port St. Lucie, Miami-Dade, Broward, Orange, or Hillsborough counties.