Insert Surname Field from the Prenuptial Agreement and eSign it in minutes

Aug 6th, 2022
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How to Insert Surname Field from the Prenuptial Agreement

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hey estate planning attorney paul rabale here and in this video were going to talk about whether that um im getting married later in life im getting married again i want to protect my assets so i want to do a prenup whether that use the prenupt to protect your assets is actually worthless okay so theres a myth out there that ive had to dispel more times than i care to imagine let me give you the situation so lets say lets call them florence and frank you know theyre getting married theyve each been married before and theyre getting married theyre theyre lets say theyre 63 years old and you know as part of the getting married process they want to make sure all their bases and options are covered from a legal financial tax standpoint so they decide florence says well why dont we go to my old divorce lawyer and well get a prenup because thats what you know thats thats what people do when they have children and get married later in life and so as part of that thats what

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What a Prenuptial Agreement Cant Protect. A prenup can protect money and physical property, but generally cant be used to address matters related to children. You cant create stipulations about child support or legal custody in a prenup, for example.
For example, you and your partner may agree that your respective income during marriage will remain separate property, but that you will each contribute a percentage of your income into a joint account to pay for joint living expenses, gifts, vacations, investments, and savings.
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.
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.
Under the law, a premarital agreement is a contract two prospective spouses enter into before marriage that doesnt become effective until they marry. Prenuptial agreements can include income, real estate, earnings, financial interests, debts, and other present or future assets.
So, what does that mean? 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.
For example, a prenuptial agreement may provide that if one spouse dies, the surviving spouse is entitled to receive a certain amount from the estate of a deceased spouse or certain items of tangible personal property of the deceased spouse as agreed upon by the parties.
Cheating Clauses Yes, Those Are A Thing Rather, prenuptial agreements (prenups) can contain provisions referred to as cheating clauses, which can entitle one spouse to financial gain in the case that their partner commits infidelity.

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