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Prenuptial Agreements Archives

How can a postnuptial agreement help my marriage?

Many marriages fall prey to the pressures of money conflicts, but it doesn't have to be that way. Couples across the country are discovering, or rediscovering, the value of postnuptial agreements. Postnuptial agreements, when executed properly can relieve much of the tension surrounding financial matters between spouses, saving marriages that might otherwise be doomed.

Why might my prenuptial agreement fail to stand up in court?

To many people, prenuptial agreements carry a reputation as a silver bullet that defends against all divorce woes. However, while prenuptial agreements wield great strength to protect spouses from outside parties and even each other, there are many ways that a well-intentioned agreement may not hold up in court.

Prenuptial agreements offer valuable lessons for partners

Many couples simply do not take wise precautions when approaching marriage, leading to problems down the road that could easily have been avoided with some careful planning and intentional conversations about hard issues. One of the biggest relationship killers is a difference in how each spouse approaches finances, which may seem small, but has ended many marriages in the long run. Unfortunately, even those who pursue premarital counseling rarely take the time to truly understand their partner's financial life.

How can a prenuptial agreement protect my business?

There are many reasons to consider a prenuptial agreement, but if anyone should absolutely not enter into marriage without legal protection, it's a business owner. Depending on a number of factors, your business may be treated as a standard marital asset in the event of your divorce, which could make it exceptionally difficult to keep the business intact though a divorce settlement negotiation.

Approach your prenuptial agreement honestly for best results

Prenuptial agreements can be a lifesaver when things don't go as planned in a marriage. They can even help create a stronger marriage that goes the distance by relieving the relationship of many areas of stress. However, these agreements still hold bad social stigma in some circles, and broaching the subject with your partner may be easier said than done.

Former governor faces divorce but has a prenuptial agreement

Former Florida Governor Charlie Crist has filed for divorce from his second wife, telling a Florida newspaper, "I think the world of Carole. She's an amazing person. It just didn't work out for us." The two were a surprising pair who often operated at opposite ends of the political spectrum. Crist was elected to governor as a Republican, while his wife was an outspoken democrat socialite. Despite their political and personal differences, the two anticipate settling their divorce in a straightforward manner using collaborative law.

Protecting your business in divorce may require sacrifice

Protecting your business in a divorce is never a simple matter. In the eyes of the law, a marriage is as much a business relationship itself as a personal one, and can make any further business ventures quite complicated when it comes time to split. Of course, the most effective way to protect as business from a marriage is to create a prenuptial agreement that addresses the issue beforehand. However, for many business owners, the dream doesn't take shape and get off the ground until well after the marriage is underway.

What cannot be included in a prenuptial agreement?

Prenuptial agreements are finally shaking off a long history of poor public opinion, and with good reason. Many couples who marry now recognize that a well-crafted prenuptial agreement can alleviate many of the tensions that tear down a marriage, and ultimately make the relationship stronger and more likely to succeed. It is important, however, to understand that a prenuptial agreement cannot be used for just any purpose. If you are considering creating a such an agreement, it is wise to familiarize yourself with what it cannot legally cover.

Prenups protect children when you remarry

For one reason or another, some individuals remain unrelentingly optimistic about the future, even after difficult experiences. While this is an admirable trait, it is one that must be tempered by wisdom. If you are entering into a second (or third, or fourth) marriage, and especially if you have children, it is absolutely vital that you consider creating a prenuptial agreement.

Don't enter marriage unprotected from your spouse's debt

Entering into a marriage is an innately risky proposition. Although no one enters into a marriage already planning for it to fail, over half of all marriages end in divorce. For those who are approaching a marriage, the prospect of what may be suffered if the marriage fails is an enormous source of anxiety. This can be especially true for those who are engaged to an individual who is carrying a large amount of debt. Debt is a funny kind of monster, capable of following a person around for years, even if it was not theirs to begin with. It is not uncommon for a divorce settlement to include one spouse taking on some of the other's debt as part of a settlement, and this can leave one in the aftermath of a divorce carrying their former spouse's debt with them.