If you are about to get married, chances are the last thing you want to think about is a premarital agreement. It’s an uneasy subject for many engaged couples and rightfully so. Even contemplating that a divorce could happen is unsettling to most couples about to tie the knot. The Tulsa family law firm of Fry & Elder recognizes and understands this. However, instead of viewing premarital agreements as being symbolic of a worst-case scenario, our team of experienced family law attorneys urge you to look at premarital agreements as a safety net – an insurance policy so speak.
While there is nothing wrong with viewing premarital agreements in Oklahoma with trepidation, the Tulsa family law firm of Fry & Elder wishes to better help put your mind at ease by answering some common question about premarital agreements.
What is a premarital agreement?
Simply put: it is a contract between two people who are planning to marry that is entered before marriage. Generally speaking, the main function of a premarital agreement is to better define the property rights of each spouse should a divorce ever transpire. Premarital agreements are legal in Oklahoma, permitted that they are in writing and not drawn up under coercion or duress. They also must be fair and not one-sided.
Why should couples consider entering a premarital agreement?
One of the primary reasons why couples see the need for having a premarital agreements in Oklahoma is that they if they do end up getting divorce but remarry later in life, a premarital agreement will better help preserve the assets that he or she will bring into the new marriage. Premarital agreements also better allow for property to be divided and disputes to be avoided should the couple file for a divorce. Premarital agreements give each party more control over the manner in which their property and assets are divided.
What other things should I know regarding premarital agreements?
In terms, of child custody in Oklahoma, premarital agreements have no bearing on child custody. That said, a couple can come to an agreement on how custody and visitation will work should a divorce transpire. Child custody is one of the bigger issues that a couple cannot address in a premarital agreement.
Experience the Fry & Elder Difference
Should you have any additional questions about premarital agreements or any other questions regarding family law in Oklahoma, we encourage you to contact the Tulsa family law firm of Fry & Elder immediately. As one the most established and decorated Tulsa family law firms, the attorneys at Fry & Elder are committed to giving you the best legal representation possible. The Tulsa family law firm made the U.S. News & World Report’s exclusive list of Best Law Firms for 2015.
Renowned Tulsa divorce attorney Robert G “Hap” Fry Jr. was recently honored by the esteemed publication Best Lawyers® as its Lawyer of the Year for Family Law in Tulsa for 2016. Fellow Fry & Elder trial lawyers M. Shane Henry, Aaron D. Bundy and Luke Barteaux also have been selected as SuperLawyers® Rising Stars™. Additionally, the firm has added female attorneys Katie Egan and Lorena Rivas, who focus on Tulsa family and immigration law. If you have any legal concerns or questions, contact Fry & Elder today to set up a personal consultation with an elite Tulsa family law attorney.