There is often a temptation to avoid thinking or talking about what will happen if your marriage doesn’t work. It can seem like a distant and irrelevant issue while you’re busy planning your big day. However, a carefully considered and well-drafted prenuptial agreement may prevent a lot of heartache if your marriage fails.
Are you about to get married but are unsure of what will happen to the property you own, taxes and your credit or other debts? Before you get married you are both likely to have your own assets, your own property and your own credit liabilities or other debts. However, the laws vary from state to state and can be complicated so it is best to consult an attorney, who will also be able to help you with a pre-nuptial agreement.
Prenuptial agreements are legal and binding agreements between couples who are about to be married which protect the belongings, assets and money of each spouse. They illustrate what is to happen in the event of a divorce, regarding those finances and assets. While many individuals consider prenuptials, others may feel as though it is an admittance that the marriage will fail before it even starts. Below is some important information on the pros and cons of prenuptials.
Stepfamily marriages are a little different in the eyes of the law. Most couples go into a marriage that has stepchildren hoping to make up for or deal with the pain and suffering endured from their previous...