Berman & Asbel, LLP

Divorce could lead to property division lessons for next marriage

If a Pennsylvania resident has been through a divorce, they may understand that the process of dividing marital property can at times be difficult. Therefore, if they are considering getting remarried, they may wish to take precautionary measures that could help such proceedings move more smoothly in the event of another divorce. Creating certain legal documents could better ensure that property division does not become overly drawn out.

Before getting married, some couples may wish to create binding prenuptial agreements. These agreements could help protect finances and certain property should a couple decide to separate. Such a document could be especially important if there are children from previous marriages involved. A prenuptial agreement could help ensure that children are not shorted out of inheritances.

If a couple does not create such an agreement before marriage, they may be able to go through the process of creating postnuptial agreements. This type of agreement has the same premise of a prenuptial agreement as far as being able to address property, funds and other aspects. Understanding that this option is available could be important for individuals who are married but who may wish to add extra security to their property.

Property division can become more complicated during a second or additional marriage because more property and children could be involved. Though a couple may not believe they will get divorced, the ending of their first marriage could serve a lesson in being prepared. Therefore, creating the necessary documents beforehand could allow proceedings to be less stressful for Pennsylvania residents if separation circumstances do arise.

Source: valdostatoday.com, "5 Critical Financial Issues in Remarriages", Stacy Bush, July 28, 2014

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