I think people now recognize that these agreements aren’t an admission of fear about the marriage but, instead, a way to give you a sense of security about your future.
Bloomfield Hills, MI (PRWEB) November 4, 2010
A recently issued survey of divorce attorneys shows that more people are recognizing the value of a carefully drafted prenuptial agreement, says Michigan family lawyer Paul J. Tafelski.
In a poll of members of the American Academy of Matrimonial Lawyers (AAML), 73 percent of the respondents said they had seen an increase in clients asking for prenuptial agreements during the past five years.
“In the past, I think people may have been hesitant to enter premarital agreements because they saw them as showing a lack of confidence in the marriage,” Tafelski says. “I think people now recognize that these agreements aren’t an admission of fear about the marriage but, instead, a way to give you a sense of security about your future.”
A prenuptial agreement is a contract between two people contemplating marriage that determines their property rights in the event of death or divorce.
Tafelski, the principal of the Michigan family law firm of Paul J. Tafelski, P.C., says that prenuptial agreements, sometimes called premarital agreements or “prenups,” can be drafted to meet the unique circumstances of a relationship.
He notes that 52 percent of the AAML divorce attorneys who responded in the survey said they had noticed a spike in women seeking premarital agreements, while 36 percent said they had seen a rise in clients asking for pensions and retirement benefits to be included in the agreement.
“I think this reflects a change in society: More women have careers and want to protect what they’ve acquired over the course of that career, and more people are marrying or remarrying at an older age,” Tafelski says.
“A prenuptial agreement can be drafted to fit your situation and cover a variety of assets, including real property such as homes, personal property such as cars and other assets such as stocks and business shares.”
Tafelski recommends working with an experienced family law attorney on drafting a prenuptial agreement. If it is not properly drafted, it could result in the agreement being deemed invalid, he says.
“I also think it’s crucial that each party seek the advice of independent counsel in order to fully protect their rights and interests,” Tafelski says.
About Paul J. Tafelski, P.C.
The Bloomfield Hills, Michigan family law firm of Paul J. Tafelski, P.C., emphasizes mediation and other forms of alternative dispute resolution, but is always prepared to fight for its clients in the courtroom. Paul J. Tafelski, P.C., provides insight and expertise about prenuptial and postnuptial agreements, divorce, asset division, spousal support, child custody, child support and domestic violence. Contact the firm at (248) 451-2200 or through its online form to schedule an initial consultation and discuss your short-term and long-term plans.