Prenuptial Agreement Lawyer
Did you know that a prenuptial agreement can not only protect your family’s interests but also offer a valuable form of premarital counseling? Many people in New Mexico assume that you only need a prenuptial agreement if you are wealthy or expect your marriage will not last.
The reality is that the process of creating a prenuptial agreement can lay the groundwork for a successful marriage.
What is Covered by a Prenup?
A prenuptial agreement is a contract a couple prepares in advance of their wedding that addresses a variety of issues. These could include the spouses’ responsibilities and rights during the marriage related to finances as well as how certain property will be allocated upon divorce.
Many issues commonly covered in New Mexico prenuptial agreements include:
- A spouse’s entitlement to life insurance benefits
- Rights and obligations of the spouses as it relates to income, debts, and/or assets of the parties
- Each spouse’s rights to property owned by one spouse before the marriage
- Disposition of assets at death or divorce
- Disposition of debts at death or divorce
- A commitment to draft a will to fulfill the terms of the agreement
Couples cannot specify issues regarding children, such as custody and child support, in a prenuptial agreement. Those matters are determined based on the best interests of the children which are determined at the time of divorce and are subject to change.
Why is a Prenuptial Agreement a Good Idea?
Marriage requires a tremendous emotional and financial commitment. Couples preparing for marriage may participate in counseling to prepare for the emotional challenges of joining their lives but rarely do they engage in counseling to address the financial questions and issues they will face. Financial matters cause some of the biggest conflicts in marriages and are a leading cause of divorce.
The process of creating a prenuptial agreement requires couples to hold conversations about money that they might not otherwise ever have. This learning process builds a stronger base for the marriage.
Prenuptial agreements are especially helpful in situations where one partner operates a business or when one or both partners have assets that they acquired prior to marriage. If either spouse has children from a previous relationship, a prenuptial agreement can assist in clarifying expectations for what the children will receive from their respective parent versus what the new spouse will receive upon death.
If You Need a Prenuptial Agreement Lawyer in New Mexico, Contact Batley Family Law
At Batley Family Law, we firmly believe in the value that a well-crafted prenuptial agreement can provide to a marriage. Call our Albuquerque office today at (505) 246-0500 or fill out this contact form to take the next step toward scheduling your confidential case evaluation.
What Our Clients Say
“Professionalism, Quality, Responsiveness, Value
I had a great experience at Batley Family Law. They assisted me with my case. They were excellent and ensured that my case was handled as efficiently as possible and always made me feel informed. This firm helped me through a stressful time. Would absolutely recommend this law firm.”
“Thanks for everything yesterday! I had a very informative and meaningful consultation with Batley Family Law. I can tell that they are compassionate and strong which I admire in a law firm. Their firm has written a great book on New Mexico Divorce Law and they had recommendations for books to help my kids in this process! Thanks for the great gifts as well. I look forward to working with them in the process that lies ahead.”
Bobbie Batley is unquestionably the top family lawyer in New Mexico, largely because of the amazing team she leads. This firm cares about their clients, and puts those needs out front. I will never hesitate to refer to this firm!”
“Batley Family Law is an excellent place to work. I enjoy coming in everyday. It is clear to see how much our attorneys value New Mexican families. They work their hardest to advocate for their clients on a daily basis.”
“Batley Family Law provided me with excellent advice and service to effectively and efficiently resolve an issue with my best interests in mind. They did this with a great deal of compassion. I would highly recommend this firm.”
Please call us text us at
505-246-0500 or complete the form and we will be in touch.
Batley Family Law
316 Osuna Road Ne #301
Albuquerque, NM 87107