Reply to Prenupt/Marital Agreement - Do you have one and thoughts on getting one

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Reply to "Prenupt/Marital Agreement - Do you have one and thoughts on getting one"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wouldn't you each need a lawyer?  Seems hard for one lawyer to represent both of you, since the premise of the agreement is you will be separating.[/quote]

OP here, yes I believe that's correct [b]although most of the fees will be incurred by the lawyer drafting the agreement[/b].  I assume the fees for the lawyer advising the other party won't be that much as we're in agreement on the substance of the terms.[/quote]

Domestic relations lawyer here:  this is not true at all.  It is labor intensive going through and figuring out what was left out...[/quote]

Fair enough.  Can you provide any ballpark cost estimates for a fairly simple prenupt/marital agreement?  Separate finances so we'd keep our own accounts, 401Ks, neither side pays alimony, etc. so it should be fairly straightforward.

Also, any thoughts on how we can reduce legal fees?  Our thought was to prepare an itemized list of things and our agreement on them as well as a list of assets for disclosure.[/quote]

Is depends on the number of changes needed.  To be honest, nearly everyone says his/her case is straight forward and easy.  Good Prenus are fairly complicated because you need to consider many, many different scenarios.  [/quote]

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