A prenuptial agreement, antenuptial agreement, or premarital agreement, commonly abbreviated to “prenup,” is a contract entered into prior to marriage. The content of a prenuptial agreement can vary widely, but often contains provisions for property division and spousal support in the event of divorce. A postnuptial agreement is similar to a prenuptial agreement, but is created after the wedding. Both prenuptial and postnuptial agreements are on the rise.

Although it may seem “unromantic” or too “transactional” – in the end, a marriage is a form of a contract and carries with it certain legal protections and responsibilities. Although prenuptials are still more common in second marriages, anyone who owns a business or has significant assets or income, or alternatively, anyone who has significant debt, should consider the benefits of a prenuptial agreement.

Many couples struggle with the financial aspect of their marriages. A prenuptial agreement can be a common sense, practical way of “putting your cards on the table” prior to walking down the aisle. An honest and open discussion about each party’s expectations about money before getting married can be a strong start to a healthy and long-term relationship. We can assist you in planning for your future.

Attorney to Contact:

Rachel L. Terpstra

Recent News

Nicolas M. Morano, Accomplished Real Estate Attorney, Joins GGTM Law
Posted on February 11, 2019
Gielow Groom Terpstra & McEvoy (“GGTM”) welcomes Nicolas M. Morano, who recently joined the growing ranks of experienced attorneys at GGTM. Nic has more than a decade of experience in counseling businesses and entrepreneurs in complex real estate and corporate matters. As a Mona Shores High School graduate, Nic is excited to transition his practice back home to the Muskegon area after spending the first ten years of his career with a large law firm in Grand Rapids.  Nic’s breadth of experience in a wide variety of real estate and corporate matters is a valuable asset to GGTM and... MORE
Legacy Release Program Funding Completely Allocated
Posted on April 2, 2018
On March 16, 2018, the Michigan Department of Environmental Quality (MDEQ) announced that the $36 million in funding earmarked for the Legacy Release Program (LRP) barely 6 months ago (via the passage of Public Act 130 of 2017) has been completely allocated to approved or pending claim submittals. As a result, the MDEQ is not reviewing any additional claims made under the LRP. However, a waiting list of up to 100 more claim applications will be maintained, in the event that current claims do not expend the full approved amount or are otherwise denied. The waiting list information can... MORE
New MUSTA Legislation Enacted
Posted on October 27, 2017
House Bill 4583 was recently signed into law by Governor Snyder.  This Bill creates the “Legacy Release Program”, establishes new options to demonstrate financial responsibility for cleanup fund deductibles, and provides for reimbursement of local units of government (LUG) for certain corrective action costs. The highlights of HB 4583 (now referred to as Public Act 134 of 2017) are outlined below: The Legacy Release Program is created and will be administered by the Michigan Underground Storage Tank Authority (MUSTA). The intent is to provide a mechanism to aid in the completion of corrective actions and to close out “old”... MORE
See More Posts