Minneapolis Prenuptial Agreement Lawyer

Divorce And Family Law Services For The Twin Cities Metro Area

A prenuptial (prenup) is a written and signed agreement between two people about to wed which spells out how assets will be distributed in the event of divorce or death. Prenuptial agreements are contracts. Like any legal contract in Minnesota, provisions of the agreement may not be substantially unfair to one party. Language and expectations of the provisions must be clearly understood by both signing parties. Both parties must be represented by their own legal counsel or waive their right to individual counsel before signing. In short, one lawyer or law firm may not serve as the advising attorney for both parties signing the agreement.

People consider signing a prenup should have their agreement drafted and signed well in advance of the wedding date.

At Dove Fretland, PLLP, we are experienced with helping clients create prenuptial agreements. We realize this is a sensitive subject. Our goal is to help our clients through the process in a way that is respectful of their partner and at the same time protects them financially for the future.

From our offices in St. Louis Park, our Minneapolis prenuptial agreement attorneys represent clients throughout the Twin Cities seven-county metro area. Call us at 952-479-4376 to arrange an initial consultation with one of our experienced lawyers. Senior partner Paul Dove has been listed in Who's Who in America. Senior partner Laura Fretland and Attorney Lori McLaughlin have each received recognition as Minnesota Super Lawyers in Minneapolis St. Paul Magazine. In addition, a number of our attorneys have received Martindale-Hubbell's highest AV Preeminent* peer review rating.

You may also use our convenient email contact form to describe your circumstances. We will reply as quickly as possible to arrange an initial case evaluation. We cannot give legal advice over the telephone.

But Our Marriage Will Be Forever, Do We Really Need A Prenuptial Agreement?

Everyone hopes and expects their marriage to last, but unexpected differences or death often derail the best hopes for the future. Young couples just starting out in a marriage often don't bring significant individual assets to the table and may not benefit from a prenuptial agreement. Virtually all of their assets they accumulate over the length of their marriage will be subject to classification as marital property and subject to equitable distribution under Minnesota law.

However, people who have built a successful private business while single or who have been married in the past often have individual assets they need to protect in the event of divorce or probate court decisions upon death. Prenuptial agreements allow each party to decide which assets they will continue to treat as individual assets, to be retained as their own property if the marriage ends. Prenuptial contracts are the best way to make sure private family assets do not get claimed by stepchildren. They are also important to make certain that a business can continue to operate without interruption in the event of divorce of a major owner.

Who Should Consider A Prenup?

Historically, prenuptial agreements were considered only by people of great wealth. However, in recent years, prenups have become increasingly common among a broader range of people, including:

  • Owners of company stock options
  • People pursuing a degree or license in a highly paid profession
  • People who may be receiving an inheritance
  • Owners or partial owners of businesses
  • Adults with elderly parents to care for
  • People with assets such as a home, stock or retirement funds
  • People who will be supporting their future spouse through college
  • People who are wealthier than their partner

People considering a prenuptial should discuss it with their partner as early as possible. It is important to be candid and to let the intended spouse know that these agreements are important and to explain why the agreement is needed.

Antenuptial agreements and postnuptial agreements

In the event one spouse inherits financial assets from a deceased parent or relative during the course of the marriage, it will not necessarily be classified as marital property. However, it is important that the inherited assets do not get commingled (mixed) with marital investments. We can help you draft an agreement that will protect your inheritance as individual property.

Contact An Experienced Minnetonka Marriage Contract Attorney

Call us at 952-479-4376 or contact our offices by email to arrange an initial consultation. Our office hours are 9 a.m. to 5 p.m. weekdays and we can make evening and weekend appointments by special arrangement. We offer ample free parking at our office building in St. Louis Park. Our firm is recognized for integrity, including ethical representation, competitive hourly rate options and responsible billing policies. We accept Visa, MasterCard and Discover for your convenience.

*AV Preeminent and BV Distinguished are certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the bar and the judiciary. Martindale-Hubbell ratings fall into two categories: legal ability and general ethical standards.