Pre-Nuptial Agreements and Trusts for Divorcing Clients
Our firm does not practice extensively in Family Law. For matters relating to divorce, separation, adoption, child custody and other Family Law areas, we work closely with other experts to whom we refer our clients.
One area we can help with, however, is in Pre- and Post-Nuptial Agreements (sometimes referred to as Pre-Marriage or Post-Marriage) agreements. These agreements are often entered into as part of the estate planning process when one spouse may have inherited, or is expecting to inherit, family wealth that is intended to remain within that family. This is sometimes referred to as “bloodline” protection for assets. In other cases, one or both parties may have children from previous marriages whom they want to provide for in addition to providing for each other.
In such cases, we work closely with clients to ensure we understand their goals and objectives before rendering advice. Sometimes we draft the agreements for our clients; other times we review drafts prepared by the other party’s attorney. In all cases, we only represent one person in the couple and require that the other person is represented by another qualified and experienced attorney in this area.
We also work closely with divorce attorneys to set up trusts (such as for required life insurance) that may be required in a Separation Agreement to help protect those proceeds and sometimes reduce or eliminate estate taxes on those proceeds.
For an initial consultation about whether a pre-nup agreement may be right for you, please contact us at (617) 716-0300 or info@squillace-law.com.
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