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Determine if You Want a Prenuptial Agreement - anytime cuna

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When is a prenup useful Here s an example Sue inherited her grandmother s farm and intends to leave it to her children from her first marriage upon her death. Although state law may allow her new husband to make surviving-spouse claims to some share of the farm a prenup could be drawn where he waives such claims thus assuring the farm goes to Sue s children* That doesn t mean you don t need a will you do Make sure you have an estate plan documented in a will because they go hand in hand. Oth ...

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How late is too late for a prenup?

So youve already said your I dos, but youre wondering if its too late to sign a prenuptial agreement. Its never too late.

Should you get a prenup even if youre not rich?

Prenups arent just for celebrities and wealthy people with loads of property and investment accounts, says Viera. Theyre for everyone. They can address whether you and your spouse will have a joint bank account, whether youll pay off your student loans separately or together, and who gets what if you divorce.

Does a prenup expire before marriage?

The terms of a prenuptial agreement are activated by death or divorce. Regardless of which state the prenuptial agreement was written in or where you move, there should be no expiration date in your prenup. There are many reasons people choose to get a prenuptial agreement before their marriage.

When should I draft a prenup?

Draft Your Agreement Well in Advance You should start the process several months before your wedding date. This gives you enough time to consider everything correctly, including a thorough review of assets and debts to ensure they are properly accounted for.

When should I consider a prenup?

You should sign a prenuptial agreement prior to the marriage, because by definition a premarital agreement is one that is entered into before marriage. If you are considering marriage, consider entering into a prenuptial agreement early, since there are legal consequences for signing a prenup too close to your wedding.

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