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Divorce and digital assets: Protect your interests for the future

On Behalf of | Jul 16, 2018 | Firm News |

Divorce can have a significant impact on various areas of your life, including property interests. Before you marry, it can be prudent to think about how you can secure your assets in case of a divorce. It could be beneficial for you to seek the full protection of your future interests through a prenuptial agreement.

Prenuptial agreements are specific to your needs and your objectives. It is possible to custom-tailor these documents to your goals, and it is becoming more important now to include unseen assets and digital property. Your unseen assets can be just as valuable as real property, and you would be wise to take steps to protect them.

How can I be sure my prenuptial agreement is adequate?

A prenuptial agreement is not worth the effort if it is not worded properly or has issues that could lead to the invalidation of some or all of the terms of the agreement. It is smart to consider how you want to address your digital assets in case the marriage ends in divorce.

Digital assets can be complex. You cannot simply list your digital property in a prenuptial agreement. It would be wise to include the following things: 

  • Some couples keep separate accounts for their financial, online and digital assets. By avoiding the comingling of these assets, it can greatly reduce the chance of conflict during divorce.
  • It may be smart to seek an appropriate valuation of your online and digital assets. It is easier to properly address and protect your assets if you know how much they are worth.
  • Finally, it is smart to make copies and keep information about your digital assets in a safe place. This makes it easier in case they are compromised, go missing or become the center of a divorce-related dispute. 

Your future may be on the line during divorce. The decisions you make now can help you face tomorrow with confidence

Making a contingency plan 

You may not think it is romantic to consider, but it is smart to think about your future in case your marriage does not work out. By having a strong prenuptial agreement in place, you can be certain your digital assets are safe, no matter what the future brings. A professional consultation with an experienced Board-certified Family Law expert attorney may be a wise investment when considering future options in both marriage and divorce.