The unfortunate truth of marriage is that it can end in divorce. In fact, most reports indicate that at least 50 percent of marriages end in divorce. While that may seem unsettling for those married couples, the reality of it all is that couples should be open to discussing financial concerns that could arise should their partnership end due to an unfortunate event. When you factor it all in, Oklahoma premarital agreements and elsewhere are extremely important because in the unfortunate factor that a divorce occurs, they are a very useful tool in helping make sure that the plan for potential future distribution of assets is out in the open.
This makes it all the more important to consult with a proven and accomplished Tulsa divorce lawyer to get consultation about Oklahoma premarital agreements.
The Tulsa Family Law Firm of Fry & Elder realizes Oklahoma premarital agreements can be a sensitive and complex issue, which is why our team of skilled family lawyers are here to help answer some of the most commonly asked questions in regards to marital agreements in Oklahoma.
What benefits do Oklahoma premarital agreements offer?
While this can be a very sensitive and personal decision for the couple involved, there are number of benefits that can come about from having a premarital agreement. These include but are not limited to the following:
A premarital agreement can reduce the conflicts that might come about should the marriage end:
A premarital agreement can better support your estate plan and avoid the courts coming into play to decide property distribution
A premarital agreement can document any special arrangements that have been made between your spouse and you
A premarital agreement can help distinguish between what is separate and what is marital property
A premarital agreement can institute rules and procedures for issues that may arise in the future and assign debt such as credit cards, mortgages and school loans to the appropriate spouse to avoid both spouses sharing debt liability
Experience the Fry & Elder Difference
Our lawyers are some of the most highly regarded and experienced family law attorneys not only in the state of Oklahoma, but in the United States.Robert G “Hap” Fry Jr. has been named a “Super Lawyer” in Oklahoma and is a fellow of the American Academy of Matrimonial Lawyers. Firm attorneys James Elder, M. Shane Henry, Aaron Bundy and Fry all have garnered the prestigious AV® Preeminent Peer Review Rated by Martindale-Hubbell®, which is the highest recognition in the legal industry. Additionally, the Tulsa family law firm of Fry & Elder made the U.S. News & World Report’s list of Best Law Firms from 2014-2016.