"A lean agreement is better than a fat lawsuit."

- German Proverb -

"I was nervous after 42 years of being a submissive wife to stand up for myself. Veach Law not only protected my rights but made me believe in myself to start a new Life!"

"Handled my case smooth, timely, efficient and cost effective. I got nothing but thanks for the firm."

"Took care of all the Legal aspects of my case without burdening me with red tape and jargon. I told them my problem, they fixed it."

"Aggressive in achieving my goals."

"Polite and courteous staff."

"Can't think of any improvements needed. Veach Law represented me, protected my rights & at times listed to me cry & explained things over & over to make sure I understood."

"From the moment I contacted Veach Law office, I knew I had found the right attorney. I was very stressed/overwhelmed by the whole divorce process. The process with Veach Law went smoothly, I was always updated and everything turned out exactly as they explained."

"Attentive to my goals and feelings."

Prenuptial Agreements (aka Antenuptial)

TENNESSEE DIVORCE LAWS

Prenuptial agreements are more common than people think. Disagreements about finances is cited as a top issue among divorcing couples. Prenuptial agreements can help avoid financial disagreements and give couples peace of mind over their finances. The increase in popularity of prenuptials is attributed to a number of things, such as:

  • Many couples are living together for years prior to getting married and have maintained separate financial lives without incident. Some of those couples simply choose to not rock the boat. There also tends to be certain understandings and agreements regarding jointly held property and commingling of money and property that couples expect to remain in place after their marriage.

  • Some business owners and entrepreneurs desire prenups to ensure they do not miss out on lucrative business partnerships and opportunities. Potential investors and partners are wary of doing business with and entering into business ventures with married people. A divorce can be devastating for a business.

  • Celebrities and high net worth individuals have essentially the same incentives for entering into prenuptials as business owners and entrepreneurs. It is worth mentioning many celebrities and high net worth individuals also have the incentive of ensuring their fiancé desires to be married for the right reasons and not just for the money.

  • There are many blended families where each spouse has minor children, and the parents’ desire financial protections to be put in place.

  • There are late-in-life marriages, often times widow and widowers, who have significant financial assets or are concerned about healthcare related liabilities, and desire to setup protections for their heirs and their fiancé.

In Tennessee, an antenuptial or prenuptial agreement “concerning property” will be binding if the agreement is determined to have been entered into freely, knowledgeably and in good faith and without exertion of duress or undue influence.

If you are seeking to enforce prenuptial agreement, you must show you made a full and fair disclosure of the nature, extent, and value of your holdings or that disclosure was unnecessary. Whether you made “full and fair” disclosure depends on:

  1. the relative sophistication of the parties,

  2. the apparent fairness or unfairness of the agreement and

  3. any other circumstance unique to the parties and their specific situation.

Make sure both of you have your own lawyers. Disclose all of your holdings. Do not present your fiancé with a prenuptial agreement after the wedding invitations have been sent out.

For more information concerning antenuptial and prenuptial agreements in Tennessee, contact us and schedule a consultation. We are here to help navigate you through the Tennessee prenuptial agreement process.

© 2017 by Veach Law, PLLC

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