How beneficial is a prenuptial agreement during a high asset divorce?
Very beneficial. A valid prenuptial agreement can clear up any confusion regarding the following:
- What assets will be considered marital and what will be considered separate property. Your spouse is only entitled to a portion of marital assets, not separate ones. Because everyone knows what is considered separate property, our clients can avoid sometimes taxing investigations into what is considered marital property, saving you time in your divorce.
- How marital property will be divided. Ohio law states that marital property should be divided equitably, but couples are free to come up with their own arrangements in a prenuptial agreement.
- Whether a spouse will pay spousal maintenance or whether either spouse waives the right to maintenance.