Call Us:
FREE Initial Consultation


  • June 2017 (4)
  • April 2017 (5)
  • March 2017 (5)
  • February 2017 (5)
  • January 2017 (5)
  • December 2016 (5)
  • November 2016 (5)
  • October 2016 (5)
  • September 2016 (5)
  • August 2016 (5)
  • July 2016 (5)
  • June 2016 (5)
  • May 2016 (7)
  • April 2016 (5)
  • March 2016 (5)
  • February 2016 (5)
  • January 2016 (6)
  • December 2015 (5)
  • November 2015 (5)
  • October 2015 (8)
  • September 2015 (3)
  • August 2015 (9)
  • July 2015 (5)
  • June 2015 (5)
  • May 2015 (5)
  • March 2015 (5)
  • February 2015 (5)
  • January 2015 (5)
  • December 2014 (5)
  • November 2014 (5)
  • October 2014 (5)
  • September 2014 (9)
  • July 2014 (5)
  • June 2014 (5)
  • May 2014 (3)
  • January 2014 (1)

  • Areas of Focus

    Contact Us Today

    Law Office of Ronald Kossack
    4645 South Lakeshore Drive, Suite 4
    Tempe, AZ 85282

    Phone: 480-345-2652
    Fax: 480-897-6038

    Top 5 mistaken facts about prenups

    A prenuptial agreement, more commonly called a prenup, is a legally viable deal that two people can enter into before they marry. It’s like a backup for unforeseen events. Couples get prenups made to cover potential issues like child custody, finances, health problems, property and any other sticky situation that could arise. This can be extremely helpful to both parties in the event that something goes wrong. However, many people view prenups with disdain and won’t even consider entering into them due to the bad light they’re often cast in. Here are five mistaken facts about prenups.

    1. They’re For Rich People

    They’re not just for helping rich people keep their fortunes in a divorce. Prenuptial agreements are for everyone, regardless of their financial status. When you consider the country’s 50 percent divorce rate, the costs associated with divorce and couples’ increasing financial independence, a prenup makes sense. It determines early on how money will be divided and managed if the marriage ends.

    2. Prenups Are For Failed Relationships

    Many people believe that prenups are only good if a relationship fails. Although they’re helpful in these cases, that’s not all they’re for. They can also help you keep your estate in order. Without such an agreement, your husband or wife can easily interfere in your real estate matters. They’re particularly handy if you have any heirlooms or valuable antiques that you want kept in the family.

    3. They’re Not Recognized In Court

    While courts do sometimes render a prenuptial agreement invalid, this isn’t normally the case. When a prenup is properly planned out and written up by a qualified attorney, and both partners agree to it, the vast majority of courts will uphold it.

    4. Prenups Are For Men

    Prenups have a bad reputation as tools used by men to cheat their wives out of any financial and marital rights. While this has been done in the past, these agreements are no longer upheld in court. Besides, prenups can be useful to women, too, by providing an ideal way to lay out what both partners expect from each other. Say a woman agrees in her prenup to stay home and care for a family. In return, her husband agrees to support her financially while she’s not working.

    5. They’re Costly

    A prenuptial agreement may seem pricey, but when you consider how much a divorce can cost, the price tag suddenly isn’t so high after all. Consider it a form of insurance. You pay for it once and hope that you’ll never need it. However, on the off chance that something does happen, it can protect you from financial ruin.

    Consider hiring an experienced attorney to help with your prenup. Contact us online or by calling 480-345-2652.