COVID-19 Impacts on Prenuptial Agreements
Did COVID-19 impact your wedding day? In between locking down a venue, rescheduling vendors and sending out another round of save-the-dates, it is important to revisit your negotiated and/or executed prenuptial agreement if circumstances have changed since the outbreak of COVID-19.
The pandemic caused many economic changes for millions of people around the world. If you or your partner’s financial circumstances have changed since the negotiation of your prenuptial agreement, you both will need to review the terms of the document to ensure that items addressed are still fair and equitable. This diligence will help ensure that your prenuptial agreement will stand the test of the Court’s scrutiny in the future.
It is crucial to contact your attorney before your new wedding date to have all of your documents in order. Has this trying time influenced you and your partner to pursue a prenuptial agreement? Read more about the importance and specifics of prenuptial agreements here.