Prenuptial Agreements are agreements into which a couple enters before their marriage, and which generally govern the way they intend to manage their finances during the marriage. The "prenup" usually determines how property will be distributed in the event of a divorce, and may also include provisions for keeping assets and income separate during the marriage. Parties have great latitude in fashioning agreements to fit their circumstances before entering into marriage, but they may postpone discussing and actually drafting such an agreement in the hectic time before their wedding, Virginia law specifies that agreements executed both prior and subsequent to marriage are enforceable as valid contracts, so time need not be a factor in actually achieving a workable arrangement for individual couples. An essential factor in the enforceability of such agreements is ensuring that both parties have independent attorneys who review these kinds of agreements. Our firm takes pride in counseling clients to enter into valid contracts which help avoid bickering over the many day to day problems which arise in marriage, and which assist them in deciding uncoupling issues if a marriage ends.
