Baltimore & Towson Lawyer Discusses Remarrying After a Divorce
Many people believe that if they are fortunate enough to find love twice in their lives, they need to take full advantage of it. That said, many individuals who have previously been married and divorced will not say no to marriage when (and if) the opportunity presents itself again. In fact, many divorced individuals are often quite excited at the prospect of getting another chance to get things right the second time around.
However, divorce lawyers in Towson will tell you that statistics show second marriages are at a high risk of ending in divorce. Why? Divorces after second marriages can happen for any number of reasons, including family member disagreements or general disagreements over financial responsibility. That said, couples entering into marriage for a second time are encouraged to draft a prenuptial agreement.
How a Prenuptial Agreement Can Help Your Situation
Prenuptial agreements (or prenups, as they are more commonly called) do not have to be viewed negatively, as though you are planning on getting a divorce. In fact, couples should consider the agreements as simply a level of protection that can be used to shield their finances just in case something happens and things do not go as planned.
Creating a solid prenup does not have to be difficult, but there are several considerations that should be made and accounted for within the document. For instance, both individuals should be prepared to have a frank and honest discussion about their finances, to include full disclosure of their debts, assets and income. Doing so will provide each party with the opportunity to evaluate potential financial approaches to see if they are realistic.
It is crucial for couples to come to an agreement with respect to finances and how they’ll be handled in the event of a divorce. There should be a thorough discussion about the debts and assets involved and whether or not they will be deemed joint or separate. Additionally, if the parties find it advisable to maintain separate finances, that can be addressed in the prenup. The document can also include decisions regarding estate planning, as well as how any assets acquired will pass to any children that exist from past marriages and/or relationships.
All too often, couples find the conversation related to prenups to be uncomfortable, and they’re often even more uneasy discussing matters related to personal finances. Still, it is crucial for couples in Maryland and elsewhere throughout the country to have these conversations before saying, “I do” again. Doing so will make things much easier in the event of a conflict that ultimately leads to another divorce.
Call For a Free Consultation
Call The Law Offices of Amar S. Weisman at (410) 321-4994 to schedule a Free Consultation. The Purpose of the consultation is to determine whether you want to retain this law firm as your Baltimore & Towson Family Lawyer. If you do wish to proceed, then you must pay a retainer. See Our Policy on Fees and Costs. The family firm is located next to The Circuit Court for Baltimore County, at 1018 Dulaney Valley Road, Towson, MD 21204.