Why Cookie Cutter Prenups May Be a Waste of Money
As prenuptial and postnup agreements become increasingly visible and popular, couples may have more options. Among those choices are inexpensive, cookie-cutter forms that may be presented as legally binding prenup agreements. These cookie-cutter prenups and, however, may be problematic and, when called upon, may not be entirely enforceable. These documents may ultimately be a waste of money. Here are some reasons why.
The Legality of Prenups are Based on State Marital Laws
Provisions of a prenup will ultimately be determined by specific laws of each state. A cookie-cutter prenup may not take into consideration these specific state guidelines and regulations. What may sound legal and binding may be worthless.
You May Not Be Getting Sufficient Legal Guidance
Should a prenup come into play, one of the major reasons it can be challenged is that if one person or the other claims they didn’t get sufficient legal guidance prior to signing the prenup. A cookie-cutter prenup may actually demonstrate a lack of guidance or concern in its preparation. It may be difficult for a future court to rule on the validity of a prenup where so little effort and diligence was put into its preparation.
Lack of Pressure or Coercion When Signing
Another significant reason prenups may be ruled invalid, is that if a party claims they were pressured or coerced into signing it. A custom-crafted prenup negotiated through legal representation licensed in the state of Florida helps demonstrate the agreement was thoughtfully and mutually agreed upon.
Rules and regulations evolve and change as times change. A cookie-cutter prenup agreement may not take into account these changes. Working with a lawyer who specializes in prenups can help ensure that latest regulations and laws are taken into consideration.
It May Not Accomplish What You Want it To
Any legal agreement that doesn’t accomplish its purpose can be considered a waste of effort and money. This is particularly true with a prenup. A prenup can help set alimony, protect real estate and inheritances, and even determine the future ownership of a pet or pets.
An experienced attorney knows the common assets people wish to protect and can help guide you through the difference between premarital and marital assets. You won’t get that through a DIY, cookie-cutter prenup. You may miss one of the most important reasons to get a prenuptial agreement in the first place. This could not only make an agreement a waste of money, but ramifications could be costly.
You have options when preparing a prenup. Considering what could be at stake, doesn’t your relationship deserve a thoughtful, legally sound prenup created under the latest Florida laws?
We encourage you to reach out to our Tampa, Florida, family law firm that specializes in Florida prenups and postnuptial agreements. Let’s schedule a no-obligation initial consultation to answer your questions. We promise a measured, thoughtful, and legally sound process that is executed without pressure.
Your marriage and relationship are valuable. But getting married doesn’t mean you have to give up individual rights. We can help craft an agreement that is respectful and fair. Contact us today to get started.
If you have questions about a prenup agreement or a postnup agreement or require legal assistance in other areas of Family Law in Tampa, Florida such as high asset divorce you may always contact Damien McKinney of The McKinney Law Group to discuss your case further. He can be reached by phone at 813-428-3400 or by e-mail at [email protected].
We now offer online prenuptial agreements. Contact us to inquire further about our online prenup option.