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Prenuptial Agreements Archives

Prenuptial agreements and financial behavior

Prenuptial agreements are regularly misunderstood, and often the individuals who create them believe that they are magical documents that somehow allow them to stipulate whatever they want to their spouse. However, these agreements are merely legal documents, not magic tomes, and they must respect a number of limitations to what they can dictate. One of the most commonly misunderstood areas in prenuptial agreements are those things that an agreement can dictate about behavior within a marriage as it relates to finances.

A poorly made prenuptial agreement protects no one

A prenuptial agreement is only an invitation for greater conflict both inside and outside of your marriage if it is carefully, professionally crafted. Far too many couples have created faulty prenups and seen them crumble when they were needed. If you and your future spouse are considering creating a prenuptial agreement, be sure to take all the proper precautions to ensure that it is valid and dependable.

Be sure to include your pet in a prenuptial agreement

When putting together a prenuptial agreement, it is important to be very thorough to ensure that no piece of property is left unaddressed — especially property like a pet, which few people remember to think of as "property " in the first place. Creating a fair, well-crafted prenuptial agreement that provides for your pets is a helpful way to prepare for how your marriage will consider your pets and ensure that, even in a worst case scenario, your animal family members are properly provided for.

Address creative works in a prenuptial agreement

Creating an effective prenuptial agreement is not a simple matter, and requires both parties to work together to create a truly comprehensive strategy for protecting each other and the relationship. Ultimately, should your marriage end in divorce, there is no substitute for a well-crafted prenuptial agreement. However, if you fail to plan properly, you may still face difficulty in property division. One of the most common areas that couples fail to address in a prenuptial agreement when they are building it is the matter of intellectual property.

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.