Category Archives: Prenuptial Agreements
What Will Happen to Your Pennsylvania Pet if You Get Divorced?
Divorce can be an emotionally challenging time – and one that you may have to endure without the steady and unconditional companionship of your beloved pet if you are not careful. While you love your pet as if it were your child, the court may not view your pet with the same consideration. Traditionally, pets [...]
Prenuptial Agreements Misconception #4
Prenups are unnecessary because courts resolve disputes in the event of divorce or death. Truth: In court, one cannot be sure of any outcome, as the court system can be unpredictable. And, if one chooses to retain a lawyer and litigate, the process could be draining, both emotionally and financially. Prenups allow couples to determine the [...]
Prenuptial Agreements Misconception #3
Young people don’t need prenuptial agreements. Truth: This couldn’t be further from the truth. The young need prenuptial agreements because most young couples do not have assets at the start of the marriage, and at the time of potential divorce, all earnings acquired during the marriage need to be divided. Today’s secretary may be a doctor in [...]
Prenuptial Agreements Misconception #2
Prenuptial agreements are only for millionaires and celebrities. Truth: Prenuptial agreements are not only the famous, but benefit just about everyone in different circumstances. Prenups are critical for families in which parents plan to leave an inheritance or make gifts to children. Prenups are also crucial for the protection of small or family businesses, or professional [...]
Prenuptial Agreements Misconception #1
Misconception #1: A prenuptial agreement says, “I don’t trust you and doubt our relationship will work out.” Truth: In a prenuptial agreement, it is crucial that both parties are open and honest with each other about finances and other matters—there are no secrets. Part of a prenup is full disclosure of all your assets and [...]

Thomas J. Petrelli, Jr. is a 

