Not just for the wealthy! Prenuptial agreements document your agreement in advance of marriage to protect them in the event of a divorce, but also potentially upon the death of a spouse. The Prenuptial Agreement can address property ownership, property division, alimony, and many other legal issues which must be determined in the unfortunate circumstance of divorce. You can also designate each spouse's rights and obligations will be upon the death of the other.
Ideally, prenuptial agreements will be prepared well in advance of the wedding, reviewed by each party with his or her separate counsel, and be detailed. This will help if one of the parties tries to claim the agreement should not be enforced.
If you think you might need or want a prenuptial agreement, talk to an attorney sooner rather than later. At Harrington Law, we can help.