Yes, a prenuptial agreement can be used to protect investment properties you own in Rochester and beyond.
In fact, if your business is real estate investment, then the use of a prenup can help you and your spouse develop an understanding of what each person’s role is in regards to the investment properties, and what your spouse can expect if the marriage ends in divorce.
For instance, a prenup might specify what the terms are if you ask your spouse for a loan to solve a problem with a property, including interest and a payment schedule.
In the event of a divorce, any outstanding debts your business has would be payable as part of the settlement – but in the inverse, your spouse would have no claim to any of your properties, regardless of how much money they had put in.
The attorneys at Friedman & Ranzenhofer can help you create an enforceable prenuptial agreement that protects your business interests and provides your marriage with an important degree of certainty.
Call us today at 585-484-7432 for a legal consultation with an experienced Rochester prenuptial agreement attorney.