Easily Replace Dropdown List into the Prenuptial Agreement

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How to Replace Dropdown List into the Prenuptial Agreement

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[Music] so I have a friend in particular that did get divorced at the time her spouse had already previously been married and had four children so of course he asked for a prenup in the prenup she was told it was really about not going after things that were specifically allocated to their children and that she would respect that and of course my girlfriend said of course Ill sign no issue whatsoever whatsoever I would never take away from your children fast forward seven years later when the divorce took place it came to her attention that the document she signed was not actually about that it was basically saying and of course stupidly she didnt go and receive independent legal advice which was her mistake but she took a word at face value from somebody she trusted and she then found out that what she had agreed to was a lump sum amount and no more now she also had a child with this person over the years I think thats a bit of a game changer as well so you tell me how would that w

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What should not be included in a prenuptial agreement?

California prenuptial agreements cant include terms that are considered unconscionable when it was signed.They include the following: Child custody; Child visitation; Child support; Waiving spousal support; Encouraging divorce; Unreasonable terms; Any matter that violates the law; Personal issues.

What are five things that Cannot be included in a prenuptial agreement?

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.

How do I make a list of assets for a prenup?

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.

How much assets should you have to get a prenup?

A general rule of thumb is that if you have a few hundred thousand dollars [in assets], you should at least consider a prenup, says Holeman.

What Cannot be included in a prenup?

Details About Personal (Rather Than Financial) Matters A prenup cant include personal preferences. This might include provisions 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.

What is an alternative to a prenuptial agreement?

A trust can be used as effective alternative to a prenup because it holds assets outside your marital estate. We generally advise an irrevocable self-settled trust in these cases.

What is reasonable to ask for in a prenup?

Regardless of gender, there are certain things people should ask for in a prenup, like alimony (i.e., spousal support), especially if you are a stay-at-home parent. Men and women alike should be thinking about protecting their assets and earned income and protecting themselves against their partners debt.

What is a schedule of assets and liabilities for a prenup?

When it comes to a prenuptial agreement, both fiancs must disclose all of their assets and debts. This is done in the form of a financial schedule, which is a snapshot of all of your income, assets, debt, and future inheritance. This disclosure is attached to the end of your agreement.

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