Any couple who brings personal or business assets to the marriage can experience
the benefits of a prenuptial agreement, such as creating an inventory of premarital assets which will remain the property of their original owner in the event of a divorce.
Often couples hesitate to consider
the benefits of a prenuptial agreement because they think it's unromantic.
You don't have to be a multimillionaire to consider
the benefits of a prenuptial agreement.
Not exact matches
He concluded by echoing Ayesha's stance on the
benefit of holding couples to
prenuptial agreements:
There are numerous
benefits to having a
prenuptial agreement in place, and one
of these is the process
of drafting the decree.
Contact a
prenuptial agreement attorney in Virginia today to discuss all
of the
benefits of establishing a premarital
agreement before marriage with you and your future spouse.
However, the people who are most likely to
benefit from a
prenuptial agreement are people who may have children from a prior relationship because there are things a person can do in a
prenuptial agreement to protect certain financial interests
of those children.
But there is another side to
prenuptial agreements that few think about, and that's the
benefit of discussing debts and assets before marriage.
You and your spouse may choose to work with separate attorneys to be certain that the
prenuptial agreement really
benefits both
of you.
The outlook
of a divorce or the drafting
of prenuptial agreement may now need to be altered because
of these
benefits and reliable, proven counsel can make sure that they are properly incorporated into your current or anticipated family law matter.
Even the making
of the will or a trust, or allocation
of a death
benefit from a life insurance policy can be validly limited by a
prenuptial agreement.
Here are a few more
benefits to signing a
prenuptial agreement regardless
of income or wealth.
What most people are not aware
of are the other
benefits that a
prenuptial agreement can offer.
-- The prenup is not in writing: For a
prenuptial agreement to be valid, it must be a written document, witnessed by outside parties — At least one party provided false information: The inclusion
of untruthful information or even incomplete information will render a
prenuptial agreement invalid — Pressure, duress or coercion: If one party forces the other to sign a
prenuptial agreement, regardless
of whom the document most
benefits, it will be invalid — The prenup was not read: If one or the other spouse does not read the
prenuptial agreement, it is possible the document could be challenged — Improper execution: To be valid, the
agreement must be read and signed by both parties before the marriage occurs — Gross unfairness: While a
prenuptial agreement gives the couple a great deal
of flexibility in how they establish financial rights, the court may decide not to enforce the prenup if it is grossly unfair to one
of the parties
Speaking to your fiancé about a
prenuptial agreement (prenup) may not be the most romantic
of topics, however, working out tricky financial issues before trouble appears can have many
benefits.
Learn about the
benefits and limitations
of prenuptial agreements before a marriage in California.
Although the outcome tends to support the notion that the deal made in the
prenuptial agreement years earlier was unfair to that spouse, courts routinely enforce prenups that result in an unfair outcome, but will take a second look when enforcing the prenup would create such a disparity
of wealth that the disadvantaged spouse would end up close to destitute or on public
benefits.
To learn more
of the
benefits and pitfalls
of a
Prenuptial Agreement, call IANDOLI & EDENS at 908 879 9499 for a free consultation with one
of our experienced matrimonial attorneys.
A consultation with an experienced family law attorney can help to understand the
benefit and mechanics
of a
prenuptial agreement.