Prenuptial Agreement Future Income

A prenuptial agreement, commonly referred to as a prenup, is a legal document that outlines how a couple`s assets will be divided in the event of a divorce or separation. While prenups are often associated with the wealthy, they can benefit anyone who wants to protect their assets.

One area that is often overlooked in prenups is future income. Many couples assume that their income will remain relatively stable throughout their marriage, but this is not always the case. Factors such as career advancements, inheritances, and investments can significantly increase a person`s income over time. It`s important to consider how future income may impact a prenup.

When drafting a prenup, it`s essential to be transparent about your current and future income. A prenup can include a provision that outlines how future income will be divided in the event of a divorce. For example, if one spouse expects to receive a significant inheritance from their family in the future, the prenup can establish how that inheritance will be divided between the spouses.

It`s important to note that prenups cannot be used to waive child support obligations or to limit a spouse`s right to spousal support. These types of provisions are generally unenforceable and can be deemed invalid by a court.

If you are considering a prenup that includes future income, it`s essential to work with an experienced family law attorney. A skilled lawyer can help you draft a prenup that meets your specific needs and protects your assets. They can also help ensure that your prenup is enforceable in court.

In conclusion, a prenup that includes future income can provide peace of mind to couples who are entering into a marriage with significant assets. By addressing future income in a prenup, couples can avoid future disagreements over the division of assets and protect their financial interests. As with any legal document, it`s vital to work with an experienced attorney to ensure that your prenup is comprehensive and enforceable.