What is a prenuptial agreement?
A prenuptial agreement, also known as a prenuptial or prenuke is a legally binding contract entered into before a marriage occurs that specifies how property and debts are to be divided in case of a break up. Prenuptial agreements are common both before marriage and after marriage. They help couples stay on track by helping them determine financial obligations that may be irreconcilable.
Under a prenuptial agreement, one or both of the parties must agree on all property, debts and responsibilities that may arise out of the marriage. The responsibilities include which assets belong to which spouse, and who gets custody of any minor children or pets. The contract can also cover expenses such as healthcare, spousal support, child support and alimony, if applicable.
prenuptial agreement results in divorce
A prenup in legal terms is an arrangement wherein one party decides beforehand whether or not to divorce before a marriage occurs. Prenuptials were common in the old world (ages ago) and were actually used as a way to divide property amongst couples before marriage. However, with the modern hectic lifestyles that we have these days, the use of prenuptial agreements is now considered a nuisance rather than a help. Most of the time, a prenuptial agreement results in divorce. However, this can still happen in certain situations, which is why you should always be aware of your rights.
There are a lot of reasons why a prenuptial agreement should be used in a divorce. The biggest reason is that it protects the interests of both parties. For example, in case there is no will or other legal agreement about the division of property, then a Prenuptial Agreement may be the best solution. If your spouse is unhappy about the Prenuptial Agreement, then you may want to consider your own divorce, since it is usually better than getting a divorce when there is no legal agreement as to who gets what property. You can also protect yourself legally, since a Prenuptial Agreement is not as binding as a divorce law.
Prenuptial Agreement can actually help you get a good deal
You may not agree with me but getting a Prenuptial Agreement can actually help you get a good deal when it comes to your divorce. If you have a high value asset like a home, then you may want to get a prenuptial agreement. This will ensure that your assets are distributed according to the terms of the Prenuptial Agreement, and that you don’t get stuck with huge debts after the marriage. In fact, a Prenuptial Agreement can actually save you money, as it can reduce the amount of fees and alimony payments that you will have to pay after the divorce. So if you plan to get a Prenuptial Agreement, then you can rest assured that you and your spouse will be much wealthier after the marriage than before.
Overall, the advantages of having a Prenuptial Agreement are great. However, there are many things that need to be taken into account before getting a Prenuptial Agreement. You may not be comfortable with this and may want to try out the different models of prenuptial agreements that theists and atheists come up with. It is very easy to find these, so you should not have any difficulty finding an agreement that suits both of you.