A prenuptial agreement is an important but sometimes unsavory topic for couples in Minnesota. This is especially true when there is considerable family wealth at stake. While everyone hopes a marriage lasts forever, the fact that almost half of all marriages end in divorce cannot be ignored. High-asset divorces can be costly and financially devastating. However, a prenup can prevent many of these costs and losses.

In wealthy families, the parents are often more concerned with prenuptial agreements than their children are. If a child has not been educated well about finances, the family’s wealth or the importance of a prenup, they may avoid having this conversation with their partner. Parents might then try to force the issue, which could make the potential spouse feel targeted or threatened. Some experts suggest that parents avoid these problems by having the prenup conversation with their children early, before a marriage is even being considered.

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Joseph E. Marvin

Licensed since 1978

Member at firm Marvin Law Office, L.L.C.

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RECENT POSTS

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  • Prenuptial Agreements
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Joseph E. Marvin

Licensed since 1978

Member at firm Marvin Law Office, L.L.C.

AWARDS

Champion Badge Silver

RECENT POSTS

  • Family Law
    Posted on August 8, 2019
    Topic: Divorce Family Law

    Some people might assume that couples in Minnesota and around the country divorce for reasons such as infidelity or substance abuse, but a study that appeared in the Journal of Sex & Marital Therapy suggests that this is not the case. More than 2,300 people participated in the study, which found that reasons related to ... Read more

  • Prenuptial Agreements
    Posted on August 8, 2019
    Topic: Family Law

    For people in Minnesota planning a wedding, there are aspects that might not be joyous and can spur outright disagreement. One such issue is a prenuptial agreement. However, as hard as it can be to ask a future husband or wife to sign such a document, those who own certain assets must protect themselves. This ... Read more

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    Topic: Divorce Family Law

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