How Logical is a Prenuptial Agreement for Couples Getting Married
Having a prenuptial agreement drawn up before getting married is usually advised if the parties have sizable estates between them or if there were assets accrued within a first marriage that was stipulated to be for the child or children from the former union. This does not mean the couple does not trust each other. Far from it; there may be other reasons for a prenuptial agreement between both parties, which does not mean there is no trust between both persons, it is just a safe and legal way of protecting certain assets regarding certain valuables or prized property that is deemed for other persons or was planned to be used for certain events or situations.
If the marriage fails, the prenuptial agreement will be a way of dividing the assets fairly with the previous stipulations not having to come into involvement with the ruling. Drawing up a prenuptial agreement must be made by attorneys for both parties, this will ensure there are no grey areas and all of both clients requirements are documented and binding if the need of going to court occurs. A prenuptial agreement is generally to protect both persons involved in the event there is a divorce. The perception of doing a prenuptial agreement is not because you expect to get a divorce; this is just a form of protection for both persons involved. This agreement, if drawn up to state the other person will not benefit in any way or marginally may be thrown out of court by the judge. His signing off on one is based on both parties jointly agreeing on the content.
Prenuptial agreement can be made up by both parties without the help of an attorney, but they do not guarantee the best interest of both persons involved will be met. There is a high chance the agreement can be challenged and broken by the court. This is why it is advised that both parties have their own attorneys to help in the process of drawing up the agreement. As you go along in your marriage and your circumstances change, you are free to make amendments to the contract. This will allow all involved, should there be a divorce, to have everything out in the open, and there are no surprises.
Marriage is supposed to last until death do you part, but the reality is that some marriages do not last. Should this eventually happen, the parting should be reasonable, and one way to guarantee this course is to have had a prenuptial agreement made before the wedding.
For family law attorney please visit beallthies website.
Having a prenuptial agreement drawn up before getting married is usually advised if the parties have sizable estates between them or if there were assets accrued within a first marriage that was stipulated to be for the child or children from the former union. This does not mean the couple does not trust each other. Far from it; there may be other reasons for a prenuptial agreement between both parties, which does not mean there is no trust between both persons, it is just a safe and legal way of protecting certain assets regarding certain valuables or prized property that is deemed for other persons or was planned to be used for certain events or situations.
If the marriage fails, the prenuptial agreement will be a way of dividing the assets fairly with the previous stipulations not having to come into involvement with the ruling. Drawing up a prenuptial agreement must be made by attorneys for both parties, this will ensure there are no grey areas and all of both clients requirements are documented and binding if the need of going to court occurs. A prenuptial agreement is generally to protect both persons involved in the event there is a divorce. The perception of doing a prenuptial agreement is not because you expect to get a divorce; this is just a form of protection for both persons involved. This agreement, if drawn up to state the other person will not benefit in any way or marginally may be thrown out of court by the judge. His signing off on one is based on both parties jointly agreeing on the content.
Prenuptial agreement can be made up by both parties without the help of an attorney, but they do not guarantee the best interest of both persons involved will be met. There is a high chance the agreement can be challenged and broken by the court. This is why it is advised that both parties have their own attorneys to help in the process of drawing up the agreement. As you go along in your marriage and your circumstances change, you are free to make amendments to the contract. This will allow all involved, should there be a divorce, to have everything out in the open, and there are no surprises.
Marriage is supposed to last until death do you part, but the reality is that some marriages do not last. Should this eventually happen, the parting should be reasonable, and one way to guarantee this course is to have had a prenuptial agreement made before the wedding.
For family law attorney please visit beallthies website.