Prenuptual Agreements

Prenuptial Agreements

A prenuptial agreement needs to be executed/signed prior to the marriage.  It can and should set out the rights between spouses, Involving property issues, Alimony and other rights. and obligations and how they will be handled in the event of a death or divorce.

A prenuptial agreement is a contract and thus subject to the laws of contract. Therefore, it must have adequate consideration. For prenuptial agreements, the marriage itself is the only consideration required. If you do not marry, then the prenup is not valid. Generally prenuptial agreements. Must be in writing and conducted in good faith and with fair dealing.

Prenuptial agreements can address alimony at the time of divorce the distribution of property at the time of divorce, the  Elective Share, upon the death of a spouse, attorneys fees at divorce along with a host of other personal concerns.   Put your best foot forward in your marriage. Prepare to make Full and Frank disclosure of all Assets and liabilities during the prenuptial drafting.  It is imperative !

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