Copy number in the Prenuptial Agreement

Aug 6th, 2022
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How to copy number in the Prenuptial Agreement

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[Applause] how many people here are married happily married like I lost half the hands there lets try this one how many people have been divorced happily divorced got some double hands there Im sure people are happily divorced I can see that but Im guessing the divorce process was not happy but probably pretty stressful 40% of Canadian marriages end in divorce that rates higher in the u.s. in fact divorce is ranked as the second most stressful event out of 10 that can happen to you and I dont need to tell you it is hard if you havent had the pleasure of being through one imagine this trying to get out of your cell phone contract cable contract and mortgage contract all at once multiply that by a hundred and you have yourself a divorce Im a divorce coach and divorced and now I could say happily divorced I didnt plan to get divorced but as a result of the process I did discover a tool that reduces stress and strengthens relationships and I can tell you its far better to have this

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Here are some of the things you may need to gather prior to getting a prenup: Income (tax returns, pay stubs) Debt (mortgage statements, car loans, medical debt bills, student loan statements, etc.) Accounts (bank account statements, retirement plan statements, investment account statements, etc.)
The prenup loophole is that, should the agreement come into a court setting, the only thing one side has to do is find a legitimate asset that was excluded when the agreement was executed.
The agreement is in writing and signed by both parties Oral prenups are not valid in any state. Both parties fully disclosed their financial situation They both revealed all of their assets and liabilities. A sure way to have a prenup invalidated is for one party to have held back from revealing all assets.
A prenuptial agreement does not cover the following: Child custody or visitation matters. Child support. Alimony in the event of a divorce. Day-to-day household matters. Anything prohibited by the law.
To that end, make sure that your agreement is in writing, that you have witnesses present when its signed, and that the contract is signed in triplicate. One copy should go to each partner, while the third is kept in a mutually owned lockbox or safety deposit box.
Its important to update prenup agreements as life circumstances change. As time goes on and lives evolve, there may be changes in financial standing, property ownership, or even the addition of children. Its important to have a prenup agreement that reflects these updates and protects both parties.
If someone signs a prenuptial agreement but cant locate the original signed copy years later, its possible that it might still be enforced.

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