New Legal Store Info
Welcome to New Legal Store Info!

Insurance Articles


The Prenuptial Agreement Dilemma
By Jeffrey Broobin


Should we have a prenuptial agreement?

OK. You can look at the idea as very cold and unromantic. You can look at the idea as a considerate and practical way to decide before the marriage certain issues having to do with your money.

It is interesting to note that the custom of creating prenuptial agreements is not the modern invention that it seems to be. During the 19th century, before the Married Women`s Property Act of 1848, prenuptial agreements were necessary for women in the United States. Until the act became law, everything a woman owned or inherited was transferred to her husband. If he died or divorced her, she was just out of luck.

Nowadays it is not so uncommon to execute prenuptial agreements. And these are not just for the famous super-rich couples we read about, where one spouse is much richer than the other. These are couples who want to be upfront about financial issues and get that out of the way before the wedding.

A prenuptial agreement is a signed and notarized contract that describes how a couple will handle the financial aspects of their marriage. The prenuptial agreement has many positive benefits that are not related to divorce, and although it is not very romantic, it has many positive elements.

? If a future spouse won`t sign a prenuptial agreement, it may be best to discover this before the wedding.

The financial well-being of children from a previous marriage can be protected

? Personal and business assets accumulated before the marriage are protected by a prenuptial agreement.

? A prenuptial agreement reveals financial expectations before the wedding.

? A prenuptial agreement discloses assets a spouse may want to give to children or other family members in the event of death.

? In the event of a divorce, the prenup eliminates battles over assets and finances.

? Signing a prenup does not mean that a couple is anticipating divorce.

? Prenups address financial matters need to be faced.

? A well-constructed prenuptial agreement can preserve family ties and inheritance.

Despite its many positive features, the prenuptial agreement cannot accomplish everything.

? A prenuptial agreement may be considered unromantic.

? A prenuptial agreement may give the appearance of a lack of trust between the partners.

? It is true that a prenup could create resentment between certain spouses.

? Certain requirements exist so that the prenuptial agreement cannot be declared invalid. These include failure to disclose all assets, evidence of fraud, forcing the agreement upon the other spouse, unfairness, and lack of representation at the time of signing the agreement.

If you are considering having a prenuptial agreement it is important to remember these things:

? Don?t wait until the last minute to talk about financial matters. Discuss the agreement early in the relationship.

? Don?t try to hide your thoughts, feelings, and especially your assets.

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).

For more information about this article and/or the author visit http://www.legalhelpmate.com/prenuptial-agreement.aspx

For more information, news and articles see:

Loading Bay Equipment - Loading Bay Equipment
...ment for our clients. With this equipment, you are able to load and unload all your merchandise with great ease and efficiency. We provide high quality equipment which is cost effective as well. We im...
Visit Loading Bay Equipment...

Courier Insurance - Courier Insurance
...uch document or parcels can mean huge losses for some people. Therefore,Courier Insurance has become an important consideration for any one using mailing services. It is not uncommon for people to los...
Visit Courier Insurance...

Mis-sold Ppi - Mis-sold Ppi
...990s to enquire about a loan for a new car. I`d fell in love with this slinky, silver sports car and being a single male at the time, with plenty of disposable income, I thought I`d treat myself to t...
Visit Mis-sold Ppi...

Hgv Courier Insurance - Hgv Courier Insurance
...that you would normally purchase for a delivery business. So there are now insurers who specialise specifically in more complex insurance policys, they are experts in business insurance; therefore the...
Visit Hgv Courier Insurance...

Dock Levellers - Dock Levellers
... vehicles near for loading and unloading your various goods. Our levellers are extremely strong and durable, and are made to handle your vehicle with ease. You are given easy operational control and f...
Visit Dock Levellers...

Ppi Claims - Ppi Claims
...nsurance on your loan. The representative from the bank seemed to bamboozle you with facts and figures and to be honest; you didn`t quite understand what was going on. You just wanted the loan becau...
Visit Ppi Claims...

Car Gap Insurance - Car Gap Insurance
...until recently. I suppose unless you buy a car on finance you might not know about such policies. As I understand it the car gap insurance covers you in the event of a car being stolen and never rec...
Visit Car Gap Insurance...

Gap Insurance - Gap Insurance
...h car insurance but how many people know what gap insurance is? I know that I had never heard about this type of insurance before until it was brought to my attention recently. The gap insurance cov...
Visit Gap Insurance...

Jet Ski Insurance - Jet Ski Insurance
... for some time now in the UK and there are many makes and models that frequent numerous Jet Ski Insurance water centres. Taking to the wet stuff on your powerful jet ski will be an exhilarating exper...
Visit Jet Ski Insurance...

Marina Insurance - Marina Insurance
... you may well have been given a number of different policy wordings from a variety of companies, this is a guide is to help you decide what sort of policy would suit you more and give you the exact co...
Visit Marina Insurance...


Click For More Detailed Information on:

Home  |  About Us  |  Contact Us  |  Articles  |  Special Reports  |  Links  |  Site Map

Copyright © 2003-2010. All Rights Reserved.


Valid CSS!