The rate of divorce is worrisome, so it’s reasonable to want to protect yourself even when you’re getting married to the love of your life. However, it has brought about new strategies in terms of securing yourself in case divorce does occur. Prenuptial agreements are one such strategy. Simply put, in a prenuptial agreement, the two parties voluntarily agree on what they should do if they ultimately choose to get a divorce in the future.
If you are thinking of entering into a prenuptial agreement, it is important to understand the pros and cons, then weigh them appropriately. The following post highlights them for you:
The Pros and Cons of Prenuptial Agreements
When people walk down the aisle and get married, they hope the union will last a lifetime. The cold reality, however, is that roughly half of all marriages in the United States end in divorce as of 2012, says the Centers for Disease Control and Prevention. With the odds of splitting from a spouse so high, people turn to prenuptial agreements to protect their assets. These agreements are legal contracts that have both advantages and disadvantages.
Advantages of Prenuptial Agreements
Â· A prenuptial agreement can protect your financial stability. This is the reason the majority of people create and sign a prenuptial agreement. Read more at Prenuptial Agreements…
With information like this, you and your partner should be able to decide whether it’s the right thing for both of you.
It is easy to assume that once you have a prenuptial agreement, you are 100 percent safe. However, there are certain conditions that can actually nullify your prenuptial agreement. The following post describes them:
Is your prenuptial agreement valid?
Prenuptial agreements have become more and more common as couples seek to protect the assets they have before entering into a marriage…
In some cases, however, a prenuptial agreement may not be as watertight as you may think. Any agreement you make before getting married has to follow certain rules in order to be valid. If your prenuptial agreement has any of the following issues, contact an experienced divorce lawyer who can help to address the problems before your spouse’s lawyer takes advantage.
- Is your prenuptial agreement in writing and signed?
Only a written premarital agreement that has been signed by both partners is considered to be valid and enforceable. When it comes to divorce and asset division, verbal agreements are not legally binding. Read more at Fabio Merrill…
Your prenuptial agreement can actually be invalid, so you need to ensure that you have followed all the rules. Remember that it has to be made on agreement, not coercion.
One way to have a smooth process when making the prenuptial agreement is to work with an attorney that specializes in the same. The following post describes why it is wise to work with a prenup attorney:
Four Benefits Of Hiring A Prenuptial Agreement Attorney
The decision to hire a prenuptial agreement attorney is not one that couples make lightly. Everyone wants to believe that love is eternal and marriages last forever. But the simple truth is that many marriages don’t last. And when they do, the parties are usually glad they worked with a prenuptial agreement attorney upfront. Here are four benefits to strongly consider:
Make Important Decisions about Assets
The division of property is one of the most complicated and contentious aspects of divorce. When you work with a prenuptial agreement attorney, important decisions about who receives what get prepared in advance. Read more at The Law Offices of Howe and Garside…
If you are looking for an attorney to advise you about Prenuptial Agreements in North Carolina, Jonathan Meek with Meek Law Firm can help. He has assisted many people in this area of the law and he can help you as well. Call (704) 848-6335 or use the contact form on the right of this page to schedule a consultation appointment.