If you are about to get married, chances are the last thing you want to think about is a premarital agreement.
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 Fry & Elder’s team of attorneys wishes to better help put your mind at ease by answering Oklahoma premarital agreement questions that commonly arise.
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 Oklahoma premarital agreement questions should I have?
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
With roots dating back to 1932, Fry & Elder has symbolized Oklahoma legal excellence for 85 years. The firm’s focuses much of its efforts in Oklahoma family law.
Fry & Elder has been named to the U.S. News & World Report elite Best Law Firms list from 2014-2019.
Its lineup of attorneys include the following:
- A 2019 Best Lawyers® Selection
- One of only 19 attorneys in the state to be a Fellow of the American Academy of Matrimonial Lawyers
- Best Lawyers® 2016 Lawyer of the Year for Family Law in Oklahoma
- Two attorneys recognized by Super Lawyers®
- Two attorneys AV® Preeminent Peer Review Rated by Martindale-Hubbell®
- A 2017 Significant Sig Award Winner
If you have further Oklahoma premarital agreement questions, we encourage you to Contact Fry & Elder today to set up a personal consultation with an accomplished Oklahoma attorney.