Tuesday, March 22, 2011

Pre-nuptial Agreements

Quite often, pre-nuptial agreements are thought of as negative. In some cases, however, a pre-nup can be very helpful and even create peace of mind. A pre-nuptial/pre-marital agreement defines to whom property belongs and can prevent legal arguments later, should a divorce or death occur. The agreement covers three areas: during marriage, upon divorce, upon death of a spouse. Some people that can benefit from a pre-nup might include those who own a business, have children or someone needing special care, or have many assets or higher valued assets, such as a Tulsa, OK. luxury home.

One thing that all parties should ensure, when planning a pre-nup is independent counsel. Another is honesty and full disclosure of each parties assets. Without full disclosure, the agreement may not be valid later on.

To discuss a Tulsa, OK. pre-nuptial agreement or other legal issues, contact Richardson Law Firm, at 918-492-7674 or www.rrblawok.com

For all your luxury real estate needs in the Tulsa, Oklahoma area, contact Darryl Baskin, the Tulsa Luxury Property Group at McGraw Realtors, 918-258-2600 or www.darrylbaskin.com

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