A premarital agreement is also known as a prenup or a prenuptial agreement and is a contract between two people who plan on getting married. The document states who will get what in case of divorce, look at the sample here to know how it’s structured. If you or your partner is entering marriage with assets, the premarital contract makes it easier for the both of you to separate, see this website for details. The agreement intends to shield the interests of both parties who are entering marriage.
In pop culture, prenups are for protecting the rich. People with lots of property can marry someone without any of it without worrying about losing their assets. Various benefits can, however, be achieved by all people when they sign a premarital agreement. People of all classes should consider getting a prenup for separating debts, the determination of financial obligations and rights, and minimizing potential difficulties in case of divorce. Read more about why you need to get a prenup here.
Prenups are legal in every state, and courts take the contract as a serious legal document. You are required to negotiate the contract with your lawyer, thus the need that each spouse has their lawyer. To know how to pick a good lawyer for a prenup, view here! One needs to disclose all their assets, and the agreement needs to be fair for both parties. If you do not want to work with a lawyer, you can research how to prepare the document and ensure that it is written clearly to be deemed legally sound. View here for a useful resource concerning how you can develop a prenup. You can even go ahead and draft the document yourself and then seek professional counsel for necessary adjustments. Click here to get a lawyer to help you with your drafted prenup. See our homepage for expert attorneys to offer you prenup services.
If you do not want to make a premarital agreement, you end up at the mercy of your state laws in case of divorce. This service will be of help in your understanding of your state laws concerning divorce in relation to assets. You may find that you have to split all your assets, and in some cases, even the property that you owned before the marriage is going to be divided between you and your partner. This company has helped solve tough divorce cases, contact it to get assistance.
If your marriage remains strong, the premarital agreement will never come into play, view here for more. While you may not even imagine wanting to separate with your partner before marriage, you should be prepared in case this ever happens.