Helping People Move Forward
LIFE HAPPENS
Changing Your Relationship Status
For some people, a change in marital or relationship status is necessary, and it is important that the process is conducted efficiently and competently to achieve the best possible resolution. The different types of marital/relationship status changes and methods of protecting your assets in the event of a marital status change include:
PRENUPTIAL AGREEMENTÂ
POSTNUPTIAL AGREEMENT
LEGAL SEPARATION
DIVORCE
Divorce changes marital status from married to single. However, with a legal separation, a couple remains married, but changes status in that a separation indicates that the couple is no longer residing together and have otherwise legally severed ties (with the exception of the bonds of matrimony). A nuptial agreement specifies certain terms within the marriage, such as what would happen in case the couple should divorce and whether certain assets may stay with a specific spouse. A nuptial agreement can also include provisions with certain wishes as to how each spouse wants their affairs handled by the other in the event one of them passes away.
THE LEGAL HELP YOU NEED
When you decide to change your marital status through divorce or separation, or to utilize nuptial agreements to plan for the handling of assets and property before or during marriage (prenuptial or postnuptial), it is important to have an attorney advocate on your behalf and assure that agreements are fair, enforceable, and in compliance with Minnesota law.
Scheduling a free consultation is a great place to start. Getting information and answers to your questions will help you understand all your options so that you can make an informed decision about moving forward.
