What a touchy subject! We hear in media about celebrity couples signing these agreements, but why don’t you consider the average special couple? Are they with the everyday couple, who’s going to be so in love which they can’t imagine their marriage ending? We will not inform you how you should feel about a pre-nup or post-nup, but we should present you some facts so that you will and your spouse (or future spouse) will make the best decision to suit your needs!
Pre-Nuptial Agreement
According to your Pre-Nuptial Agreements website,, this agreement is but one “between 2 people that deals with all the financial consequences of these marriage ending.” This site advises that the couple should look into this agreement if you partner has more assets or even more debt versus the other, you’re a part owner in a business, or if you’re remarrying. A pre-nuptial agreement (generally known as a pre-marital agreement or perhaps an ante-nuptial agreement) may be looked at as insurance. Forms might be used to help facilitate this, but it is important to get lawyer in this area.
The good reputation for the pre-nuptial agreement is pretty interesting: these agreements were designed to shield the dowry along with other possessions of girls. Before the passage with the Married Women’s Property Act of 1848, your entire property passed to her husband on his or her wedding day. And if wedding ceremony ended (by either death or divorce), the wife could lose everything. So, these agreements were initially picked to spell out which property would remain using the bride’s family.
Post-Nuptial Agreement
Wikipedia defines a post-nuptial agreement as “a written contract executed from a couple gets married, or have entered a civil union, to pay back the couple’s affairs and assets in the eventuality of a separation or divorce.” If you along with your spouse wouldn’t sign a pre-nuptial before wedding ceremony, a post-nuptial may be available for you. If there is no agreement in position, your marriage is at the mercy of your state’s marriage laws. And without, when your marriage ends, decisions about property distribution stay to a judge for making. When drawing up this agreement, what you should consider include current and future income and debt, medical and disability coverage, and then any alimony that is to be payable with a spouse.
In the truth of sometimes a pre- or post-nuptial agreement, all parties should be represented by separate counsel.
Should my future spouse and I set up one of these agreements?
Only you and also your spouse can answer this question, and you both should agree on the way you want to proceed (one spouse must not be coerced into signing when they is not comfortable). Your perception products these agreements represent (i.e., we’re also already planning our marriage to fail) may determine whether this is in your case or not. Also, if you choose being a couple to relocate in this direction, go for one’s business however your own…your choice is yours and yours alone. On a side note, this is the great thing to debate during pre-marital counseling!
Your Planning Assignment
Consider this question carefully and wisely. Do your research and talk it over honestly together with your future spouse.
Brenna Taylor has become planning weddings, special occasions and conferences for countless years. She combines her fascination with event planning, particularly weddings, along with her almost 18 a lot of corporate project management experience, to help you clients in planning the key events of the lives.