Why Every Baseball Family Should Consider Prenuptial Agreements: Legal Advice from the Experts
The Denville baseball league is a great example of a community coming together. With 400 families in the league, Denville Baseball boasts a “gold glove” list of teams and volunteers. It’s a program built on hard work, community spirit, and the love of the game. While it’s impressive to have families who dedicate so much of their time to the sport, a byproduct of that dedication is a strong sense of teamwork and loyalty that extends beyond the field of play. What if you could give your family an extra measure of protection beyond what Denville Baseball offers? After all, most families don’t make the “SportsCenter Top 10″ list. Is there anything else you can do to help safeguard your future?
While most discussions about prenuptial agreements are reserved for celebrities, there is nothing saying that you can’t benefit from having one too. In fact, it might even be more important for everyday families who have been building their assets and life satisfaction for decades before they meet “the one.” A prenuptial, or simply “premarital,” agreement can provide peace of mind by mitigating the financial risks that come with marital separation and divorce. For that reason, families heavily invested in sports – whether their child participates or they’re diehard fans – can particularly benefit from what prenuptial agreement attorneys do.
For many families, a connection to Denville Baseball starts at a young age. Boys and girls enlist in tee ball leagues before they can even hit a ball from the pitcher’s mound. Behind every aspiring athlete lies an army of family and friends: the child’s team of coaches, fellow players, parents, and volunteers in the stands who just can’t wait to watch their little MVP make the play that wins the game. In this example, a father has been with the league not only as a parent, but also as a coach since his son was old enough to play. He’s been proud to wear his team’s jersey and support the mission of youth sports. Now, his son is visiting colleges to check out potential baseball programs.
One night, the father attends a game where his team is playing against a rival town. The competition is fierce, but his family’s team is on top. Later, he engages in a verbal argument with another coach on the opposing team. The boy on the rival team appears to take exception and walks up to the father (who he recognizes as his baseball hero) and accidentally bumps him with his shoulder. The father reacts as though he’s been hit and falls to the ground.
As luck would have it, the father’s injury turns out to be serious, leaving him unable to care for his family and poor prospects for returning to work. To compound the problem, the father’s wife suddenly turns him into the authorities for suspected domestic violence. With no income to support the family and a divorce proceeding underway, the father is in a difficult position. Will he have enough to support his family? If not, what will become of the child he cares so much about? What kind of future will his child have without him?
It may seem far-fetched, but Denville baseball families might benefit from having a prenup. All teams require a coach who enforces their game plan, and prenuptial agreement attorneys serve a similar function. By helping to create a solid plan, these professionals will cover gaps that legalities such as prenuptial agreements might otherwise overlook. For example, prenuptial agreement attorneys can:
Of course, there’s no guarantee that your marriage will end in divorce, but it’s always a good idea to protect your family. That way, if the unthinkable happens, you can rest assured knowing your loved ones are taken care of. No matter what kind of curveball life throws at your family, knowing your foundational finances are secure will allow you to enjoy the game from the stands instead of the dugout.
Whatever the future holds for Denville Baseball, players and families should be able to focus on winning the game. Remember that planning for the future should always include your entire family. No one likes to think that they’ll ever need Denville’s services, but after years of participation, families might benefit from having a solid plan in place. Better to have legal protection in place and never need it than the other way around.