Honesty Is Imperative in Prenuptial Agreements

When coming up with a prenuptial agreement, both soon to be spouses must be truthful to avoid any issues should the marriage not work out and result in divorce.

To provide an example, a man getting married to a woman may decide to embellish his assets to give a greater sense of wealth to impress his bride. The wife may receive a share of assets that turn out to be much smaller than the husband had disclosed should they divorce. A spouse may also try to hide the prenup assets. However, if a prenup does not protect the assets, they may end up being taken over or split with the other person.

In another situation, a partner may not intentionally conceal or exaggerate wealth, but he or she may miss assets. You can make an investment in property and put money in a portfolio and then forget about its existence. A spouse’s assets may have also seen a value increase, but this change has gone unnoticed.

This update is provided by the firm and Miami family law lawyers of Rafool, LLC. We have a strong reputation throughout Florida and we have numerous years of experience representing clients involved in complex divorce cases as well as other family law matters. Should you have any domestic or family issue, we are here to assist you by providing educated advice and skilled, professional advocacy. Call 305-567-9400 to speak with one of our family law attorneys Miami.

This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.