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Orange County attorney article review: Prenuptial Agreements are especially important when one spouse is wealthier than the other, if you own a business, if you have relatives that need to be taken care of, and if you have children from a previous marriage. Read on for more reasons to get a prenuptial agreement.
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Prenuptial Agreements
Get a
Prenuptial Agreement before Your Next Marriage
by Jeffrey Broobin
While signing a
prenuptial agreement can be one of the all-time romantic
turnoffs, for people heading into their second marriage, a
prenuptial agreement
can give the trade-off of a better relationship through the security of
financial and life planning.
A
prenuptial agreement is a legal contract between two people about to marry,
specifying how assets will be distributed in the event of divorce or death. A
prenuptial agreement is a good idea, even if you aren't rich or own a home. It
saves future arguments and can even save you money.
A
prenuptial agreement requires that each partner prepare an inventory of assets
owned before the marriage, and it allows you to establish your separate
priorities about those assets.
Even if you do nothing more than that in your prenuptial agreement, this gives
children from a previous marriage a chance to have half of that property and
establish what belonged to Mom or Dad before the second marriage, and it
establishes what you're taking with you should you leave the marriage."
Statistically, second or third marriages are more likely to result in divorce
than first-time unions. Because of this, a
prenuptial agreement is an especially
wise idea.
Injured people with lawyers receive 3.7 times more than injured people without lawyers.
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A prenup is important if one of you is wealthier than the other.
If you have assets such as a house, stock or retirement funds, you should have a
prenup.
A prenuptial agreement is essential if you own part or all of a business.
A prenup can discuss your wishes if you may be receiving an inheritance.
If you have relatives who need to be taken care of, such as disabled children or
elderly parents, a prenuptial agreement is very important.
If you expect to receive a big increase in income because of a growing business,
a
prenuptial agreement can address this issue.
A
prenuptial agreement is essential if you have children and/or grandchildren
from a previous marriage.
We recommend that each partner draw up a list of assets. Furthermore, for
professional couples, prenuptial agreements can be the ultimate protection
against all-too-common lawsuits or medical malpractice suits. You can't predict
all of your life events, and
prenuptial agreements are a means of keeping your
own assets safe in the event of any financial problems that your spouse may
experience.
Note that Legal Helper Corp. - http://www.legalhelpmate.com/prenuptial-agreement.aspx
- provides an easy-to-use, quick, and economical online method for creating
Prenuptial Agreement (Premarital).
Jeffrey Broobin is a free-lance writer on family and finance issues; his main
goal is to help people during their complicated period of life.
Website: http://www.legalhelpmate.com
Email: jeffreyb@legalhelpmate.com
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