Pre-nuptial agreements

Pre Nuptial AgreementsYour assets are important to you, both before and during your marriage. In an effort to be conservative and cautious, allow Stephen C. Steele and his team of experts to work to insure that your assets are protected.

Is a prenuptial agreement necessary?  What do you think about when applying for a prenuptial agreement to your partner? It is, in fact considering the ramifications of divorce before the marriage has even begun.  Of course you want to have a happy household with your spouse and do not want your marriage ended in dismal conditions, but what if a divorce does fall upon your marriage?  What protection do you have?

This agreement serves as a protective shield for assets should your marriage end in divorce. This agreement is usually taken by couples who have a lot of good fortune, whether it is both partners or just one of them, so if there is divorce there is clear division of property according to prenuptial agreements that have been agreed by both parties and in legal sanction before the contract of marriage.

How do I prepare for this prenuptial agreement?

You’d better begin to determine whether you really need a prenuptial agreement or not. You should make a list of benefits and disadvantages in making this agreement. Then discuss this issue with your partner.  You can choose a comfortable place, conducive, and calm for your discussion with your partner.  Make sure you and your spouse are both active in addressing this problem so it does not arise between the two sides in the future.

You’d better find a lawyer with experience in the development of marriage and divorce issues to legalize premarital agreements between you and your partner.  This process usually takes about two to three weeks.  An attorney knows how to draw up this kind of agreement so that this contract will be legal and binding between you and your partner in the eyes of the law.  Each partner must have his own lawyer to ensure that this agreement does not harm each other. Make sure that both of the lawyers see you and your spouse sign this contract in their presence so there are no mistakes or misunderstandings about the agreement you are becoming involved in.

Make sure every detail is included, both in the assets, liabilities, your property inheritance rights, who will bear the monthly expenses in your domestic life, and more.  You also can determine who is entitled to a home that will occupy you and your partner after marriage.

Can kids be included in a pre-nuptial agreement?

This agreement does not apply in the case of rights to parenting.  You have to keep fighting in court to regain custody of your child from your spouse.  Children are not assets that can be assessed so you have to really fight for your child.  This prenuptial agreement can clearly state your assets and your partner’s assets, but does not apply to your marriage regarding child custody.