The prenuptial contract is a legal document made between the two spouses. The terms of such a contract are flexible and depend on the preferences of each couple, but they usually include a procedure about the share and the administration of assets, in the case of a divorce.
Statistics show that one in three marriages ends with a divorce, so there is no wonder that more and more couples are concerned about signing a prenuptial contract. In the past, a prenup used to be made only if one of the spouses was very rich, but today it tends to become the norm and there is nothing wrong with it.
Think of a prenuptial contract if:
- you have properties on your behalf
- you are a shareholder in a firm
- you may receive an inheritance
- you have children from a previous marriage
When is the prenuptial contract signed?
There are people who believe that a prenup is signed exclusively before marriage, but this is not the case. Such a contract can be made anytime, on notary paper, based on personal identification documents and the marriage certificate, as long as the two partners agree to sign it. Find a prenuptial agreement attorney that you both like and can easily communicate with.
"But do we do love each other so much and we trust each other, so why do we need a prenuptial contract?"
This is a common question, but also unrealistic, because no one can foresee the future. Even what seems to be a very strong marriage may end up in divorce, because human relationships are very complicated, therefore it is much better to be cautious than to regret later.
Article Source over here: What is a prenup?
$%
123
Arial
First Seen over here: What is a prenup?
No comments:
Post a Comment