Phoenix-Area Marital and Family Agreement Attorney
At the Mesa, Arizona law firm of Knollmiller & Arenofsky, LLP, our legal team offers family agreements. Family agreements are usually linked to a major family event, such as a family business or marriage. Our attorneys have many years of experience drafting agreements that hold up to court scrutiny and stand the test of time. Contact our East Valley law firm, Knollmiller & Arenofsky, LLP for more information.
Typical Family Agreements.
The most common types of family agreements are:
- Pre-nuptial Agreements. These determine how property will be distributed if a divorce occurs or upon death. The purpose of such agreements is usually to protect the separate assets of the parties if the marriage fails. Prenuptial agreements, or “prenups,” put the couples agreement in writing.
- Domestic Partnership Agreements. We draft contracts between unmarried couples that deal with the same issues found in prenuptial agreements between couples planning to be married. Such contracts are critical to individuals who intend to share a house, pool finances, or raise each other’s children.
- Post-nuptial Agreements. Post-nuptial agreements, (postnups) are executed after the wedding. These are used for couples who did not enter into a prenuptial agreement. They are also used to change details of a prenuptial agreement, such as the disposition of assets in the event of death or divorce, or to revoke an existing premarital agreement. Postnups are often subject to rigorous scrutiny by the court. It is important to have an attorney experienced in drafting post-nuptial agreements so that your intentions can be implemented if necessary.
- Interfamily Agreements. Interfamily agreements can be a contract about any matter, such as the purchase of jointly-owned property or transferring the control or assets from the senior to the junior family members during the client’s lifetime. However, such agreements are often shareholder agreements between the family members involved in a closely held business or a family limited partnership (FLP) and can be part of business succession planning. These types of family business agreements are often inspected closely to make sure the agreement was not an effort to avoid full payment for shares or purely for estate tax savings. We make sure that any interfamily agreement stands up to examination.
For more information about drafting any type of family agreement, contact our Arizona lawyers at Knollmiller & Arenofsky, LLP.
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