Link token in the Prenuptial Agreement effortlessly

Aug 6th, 2022
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How to Link token in 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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A prenup cant include personal preferences, such as who has what chores, where to spend the holidays, whose name to use, details about child rearing, or what relationship to have with certain relatives. Prenuptial agreements are designed to address financially based issues.
What is commingling? In the context of family law, commingling is the mixing of separate property and marital/community property. Married couples regularly mix their assets in a marriage, whether intentionally or unintentionally.
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.
They are basically anything with economic value. This might be a house, a business, a car, a bank account, a retirement fund, a diamond ring, an NFT, etc. (you get the idea). You can use a prenup to protect these assets that you own.
Kossack, a family law attorney, wrote. Business interests or business concepts can be included in a prenup to ensure that assets acquired prior to the marriage, or even during the marriage, remains the sole and separate property of the spouse who acquired it, Roxas said.
Common prenuptial agreement clauses include: Defining separate property. How to handle income earned during marriage. How to handle debts and liabilities.
For it to be valid, both parties must disclose all of their existing financial and property information, outlining all assets, including real estate, stocks, and retirement accounts, as well as all debts, including student loans, car loans, and credit cards.
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.

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