The Tyra Law Firm, LLC

Helping our neighbors plan for their family’s future and avoid painful issues.

  • The Tyra Law Firm, LLC
  • Neil W. Tyra, Esq.
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Marital Separation and Estate Planning – Avoiding the Elective Marital Share Problem

January 29, 2021
NWT Owner/Admin

couple fighting

Just because you are separated and going through a divorce does not mean that you shouldn’t pay attention to your estate plan. In fact, there are a set of circumstances in which the law might create a result that you expressly wanted to avoid if you do not take measures to protect yourself. I am talking about the “elective marital share”. Separated But Not Divorced This issue keeps coming up with clients of mine Read More

Filed Under: Trusts & Estates, Wills, Pre-nuptial Agreements, Family Law, Marital Property

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How Much of My Estate Does My Spouse Get?

September 8, 2020
Neil Tyra

Couple of color embracing

The portion of your estate that passes to your spouse is called the marital share. Typically, you would provide for your spouse by indicating in your Will how much of your estate is to go to them upon your death. We often refer to an “I Love You Dearly Will” as being one that leaves everything to my spouse if they outlive me or everything to my children if my spouse pre-deceases me. For the vast majority of married Read More

Filed Under: Trusts & Estates, Pre-nuptial Agreements, Estate Planning

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4 Lies You Probably Believe About Prenuptial Agreements

October 20, 2018
Neil Tyra

One of the most common legal actions taken before marriage is signing a prenuptial agreement, which typically defines the financial and property rights of each spouse in case of a divorce. Unfortunately, prenups have amassed a terrible reputation over the last few decades. Commonly associated with the rich and wealthy, prenuptial agreements are usually seen as a lack of trust between marrying couples. This has Read More

Filed Under: Pre-nuptial Agreements

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Shacking Up? Protect Yourself!

August 26, 2014
NWT Owner/Admin

boxes

In my family law practice I am increasingly being asked to help couples develop a "no-nup" agreement - essentially a prenuptial agreement for couples that have no intention of marrying. It seems that this increase is caused by a) more couples simply putting off or eschewing marriage all together, and b) older couples who have been burned by divorce previously and want to avoid it this time around. In some Read More

Filed Under: Family Law, Marital Property, Pre-nuptial Agreements Tagged With: No-nup Agreement, Pre-Nuptial Agreement

Recent Posts

  • Your Adult Child’s Estate Plan: Why It’s Important?
  • What If You Fail to Name a Beneficiary?
  • Marital Separation and Estate Planning – Avoiding the Elective Marital Share Problem
  • Update Beneficiary Designations to Avoid a Disaster
  • Pet Trust: Will the Dog Inherit More Than Me?

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