Insert Line in the Prenuptial Agreement and eSign it in minutes

Aug 6th, 2022
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How to Insert Line in the Prenuptial Agreement

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my name is Katie Michelson and Im a partner at the law firm Biermann LLP I practice 100 percent of domestic relations in matrimonial law and today the topic will be on prenuptial agreements theres a big misconception that prenuptial agreements are only for the very wealthy and quite the contrary many of my clients come to me seeking prenuptial agreements to help them sort through and pretty much pre plan whats going to happen in the event of a divorce or an untimely death I often get questions by people asking if they have to have docHub assets or income to enter into a premarital agreement and the answer is a resounding no prenuptial agreements are for individuals who want to have more control on how their assets and income are ultimately allocated in the event of a divorce or even death prenuptial agreements can be as complicated or as simple as individuals like to see Ive done prenuptial agreements that are 30 or so many pages and Ive done prenuptial agreements that are mu

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7 Things to Include in Your Prenuptial Agreement Premarital Assets. Premarital Debts. Spousal Support and Waiving the Right to Alimony. Financial Responsibilities. Provisions for Children from Previous Relationships. Business Earnings. Retirement Accounts.
When it comes to invalidating an unfair prenup, there are generally three big reasons why it occurs the agreement is unconscionable, the parties didnt properly disclose their finances, or one party signed under duress. Lets explore these three categories and determine how you can safeguard your own agreement.
Big picture, a prenup may be considered unconscionable based on purely one-sided provisions, unethical demands, or illegal mandates. For example, if a provision in the prenup required one party to do a handstand every Monday for one hour per session for a year after the divorce or face a fine.
Unexpected events that dramatically change the financial circumstances of one or both of the parties may be a basis for finding that a prenuptial agreement is substantively unfair.
Prenups are inherently unfair. In a prenup, a party often says that he/she only shares money (such as earned income) when he or she chooses to. What if the other part is raising kids, working part-time, keeping house, and giving 100% to the marriage? One part is giving 100% to the marriage, the other isnt.
What doesnt a prenuptial agreement cover? Child custody or visitation matters. Child support. Alimony in the event of a divorce. Day-to-day household matters. Anything prohibited by the law.
Admittedly prenups are not perfect and dont account for the passage of time, adding they are invalidated by the court a little less than 50 percent of the time.
A fair prenup should respectfully safeguard and shield the assets of both parties. To achieve this, there must be a full and complete disclosure of all assets, debts, and liabilities when the contract is drafted. This includes all investments, real estate, and financial obligations.

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