The topic of prenuptial agreements has drawn a lot of attention and opinions across the board. For both celebrities and normal folk, prenups have become an important consideration before a couple decides to tie the knot. Prenuptial agreements offer a welcome solution to the problem of long and costly divorce cases. It is therefore important for those considering marriage to understand what a prenup is and how it can help in a time of crisis.
What is a Prenuptial Agreement?
The following post gives a snapshot of prenups in America:
Here are 10 things every person should know about prenuptial agreements.
The basics. A prenuptial agreement is a private agreement between a couple signed before they get married which sets forth the division of their assets in the event of divorce or death. Each state has its own laws regarding the enforcement and validity of prenuptial agreements. Which state’s law to apply depends on where the marriage took place, where the parties live during the marriage and what law the agreement says to apply. Often, couples in this situation will seek out the laws of the state that will be most beneficial in carrying out the terms of the prenup. Read more at Forbes…
Note that prenups vary from one state to the other. Ensure that your agreement complies with your own state’s laws.
Should I get a Prenup?
If you are wondering whether a prenup is really for you, then the following post should help to highlight the specific situations in which a prenup may be considered vital:
Still, couples could benefit greatly from getting a prenup before tying the knot. Here are a few situations when a prenup might be a good idea:
You own a business
One or both of you has significant debt
One or both of you will inherit, or has inherited, money
One or both of you own real estate
One or both of you have children
You live in a community property state Read more at The Balance…
A prenuptial agreement protects both parties from possible loss in the event that the marriage does not work. It protects you from bearing the burden of debts and the unnecessary sharing of your hard-earned assets.
How do I get a Prenup?
So how do you get a good prenuptial agreement? What do you need to do? The following post offers some useful advice:
5 Steps to a Strong Prenuptial Agreement
If you and your soon-to-be spouse have decided to file a prenuptial agreement, you have already taken the first step toward smart future financial planning. Next, there is a lot to think about. The following steps will help you navigate the process of creating a strong prenuptial agreement — even if you never need to use it.
Tackle the document as early as possible. When you give yourselves enough time, you’ll be able to thoroughly consider the terms you want to include and to make any necessary revisions without rushing. Read more at Petrelli Previtera Schimmel…
Getting a prenuptial agreement does not mean that you are planning for a divorce. In fact, there are couples who wrote them and never used them at all. It is always better to be safe than sorry.
If you are in Charlotte, NC metro area and are looking for an experienced lawyer to help you prepare your prenuptial agreement, attorney Jonathan Meek will be glad to take you through the process. Call Meek Law Firm at (704) 848-6335 or complete the contact form on our website to book an appointment with us.