Terzich & Ort, LLP
Make Your Consultation Appointment Today.
View Our Practice Areas

Prenuptial agreements can be helpful in many different ways

Prenuptial agreements can be valuable for couples in Minnesota. There are oftentimes misconceptions associated with prenuptial agreements, what they do and do not do, and who they might be helpful for. In short, prenuptial agreements allow couples to determine property rights for themselves in the event they divorce at some point during their relationship.

Without a prenuptial agreement, state laws and the process of equitable distribution in Minnesota previously discussed in this blog will determine how the couple's property is divided. The usefulness of prenuptial agreements for many couples is sometimes misunderstood. Property division absent a prenuptial agreement may lead to the division of property in a manner the couple did not intend and the sharing of assets and liabilities, such as debts, in a manner the couple did not intend.

Through prenuptial agreements, couples are able to protect the assets of each party; protect debts the parties enter the marriage with from being shared; clarify financial rights and responsibilities expected during the marriage; minimize costly and time-consuming disputes during a divorce, should one arise; and can also account for estate plans. Prenuptial agreements can also be helpful for parties entering a marriage that is not their first who have grown children or who are approaching retirement.

Prenuptial agreements can be helpful in many different situations and for many different couples. There are important requirements to be aware of to create a valid prenuptial agreement, so it is necessary to understand the process of creating a prenuptial agreement in addition to understanding their value for many couples.

Source: Family.findlaw.com, "Can Prenuptial Agreements Help You?" Accessed March 28, 2016

No Comments

Leave a comment
Comment Information
  • Super Lawyers
  • The National Top 40 Under 40 Trial Lawyers
  • Minnesota's Best Lawyers 2016
  • Top 50 Woman Attorneys In Minnesota 2016
  • Avvo Rating 10.0 Superb Top Attorney Family
Email us for A response

How Can We Help You?

Use our Dissolution strategy worksheet to prepare for your first meeting.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

11284 86th Ave
Maple Grove, MN 55369

Phone: 763-391-7354
Fax: 763-391-7589
Maple Grove Law Office Map