Easy Questions  
Free Legal Documents

Deciding Whether a Pre-Nuptial Agreement is Right for You in Albany, OK

Deciding Whether a Pre-Nuptial Agreement is Right for You in Albany, OK


Love is a symbol of eternity. It wipes out all sense of time, destroying all memory of a beginning and all fear of an end.
 
- Author Unknown


A prenuptial agreement is a contract executed by a couple before they marry concerning the ownership of their respective assets should the marriage fail. Nothing kills romance faster than the word pre-nup. On a practical level, with almost half of all marriages ending in divorce, a prenup may be an insurance policy in case things don't work out long term.

Marriage is not just an emotional and physical union, it's also a financial union. A prenup and the discussions that go with it can help place the financial well-being of the marriage on a solid foundation. The contract spells out how assets will be distributed in the event of divorce or death.

Getting to know your assets and property can help make up your mind if need to have a prenuptial agreement before you get married. There are three steps to determine this:

1. Take a Prenuptial Quiz. If you and your spouse-to-be answer yes to any of these questions, chances are having a pre-nup is helpful. If most answers are no, aprenup can still be helpful but not as critical.<.p>

  • Do either of you possess any real estate?
  • Do either of you possess money amounting to $50,000 or more aside from having real estate?
  • Do either of you own a business?
  • Do either of you earn more than $100,000 annually?
  • Do either of you have any valuable employment benefits like stock options or profit sharing or have you earned more than a year's worth of retirement benefits?
  • Does either of you plan to pursue an advance degree while the other one works?
  • Do either of you have other heirs for your estate other than your spouse when you die?


  • 2. Identify Important Issues

    List all the issues you want addressed in a prenuptial agreement. In this way you can check and discuss these issues with your spouse-to-be. These issues may touch upon subjects like separation of property, how to handle money and property during the course of marriage, alimony, or how your property will be treated after death.

    Other common prenup topics may include:

  • Joint or separate property
  • Estate planning issues including leaving family property or provisions for children from previous marriage
  • Handling of separate businesses
  • Separate handling of each person's debts
  • In case of separation or divorce, who gets what, including alimony
  • Income tax returns, filing and allocation of income
  • Who will be responsible for the household expenses and how payments will be funded
  • Managing joint bank accounts and separate bank accounts
  • Specific big ticket purchases
  • Credit card charges and and how payments will be funded
  • Investment and savings plans for the future
  • Arrangements regarding education
  • Agreements regarding the provisions for the surviving spouse just in case the other one passes away.
  • How to settle disagreements in the future


  • 3. Assess your Comfort Level

    On a scale from 1 to 5, with 5 being the highest, how comfortable are you with the idea of having a prenup? How comfortable do you estimate your spouse-to-be will be with a prenup?

    Score of one to two: What are the reasons for your discomfort? Are you unsure whether you are in a better legal and financial position without a prenup vs. with a prenup? Do you know enough about the laws and regulations about prenup in your state? Are you worried about offending your fiancé? Is it possible that the two of you need to be able to talk about difficult matters in a loving way, as a way to pave the way for more open communication with your spouse-to-be in the future?

    Score from three to five: if you are comfortable enough to talk to your fiancé, then go ahead and start discussing the specifics. Discussing it in a level-headed manner can be a good start to see each other eye to eye. Be open about the discussion and don't take all in one go. Take your time, be open minded and build on trust openness and transparency.

     
    Edit, Download, & Print a Free
    Oklahoma Premarital
    Page 1
    Page 2
    Page 3
    Page 4
    Page 5
    Page 6
    Page 7
    Page 8
    Page 9
    Page 10
    Page 11
     
    Edit, Download, & Print a Free
    Oklahoma Power of Attorney
    Page 1
    Page 2
    Page 3
    Page 4
    Page 5
    Related Legal Services near Albany, OK
    Brent S. Howard
    501 N Hudson St
    Altus, OK 73521
    (580) 318-8829
    Attorneys,  Tax Attorneys,  Estate Planning, Probate, & Living Trusts,  Wills, Trusts & Estate Pl
    Mcmahan & Vernon
    100 N Main St
    Altus, OK 73521
    (580) 482-8800
    Real Estate Attorneys, Financial Planning Consultants
    Gunkel Renee W
    106 W Broadway St
    Altus, OK 73521
    (580) 482-8204
    Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Wills, Trusts & Estate Planning Attorney
    Womack Rana Atty
    106 W Broadway St
    Altus, OK 73521
    (580) 482-8204
    Attorneys
    Olson Harrison & Hall
    115 N Hudson St
    Altus, OK 73521
    (580) 482-7812
    Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Wills, Trusts & Estate Planning Attorney
    Darb Ken Attorney
    115 N Hudson St
    Altus, OK 73521
    (580) 482-7811
    Attorneys
    Moore Dresback & West Attys
    120 W Broadway St
    Altus, OK 73521
    (580) 482-7711
    General Practice Attorneys, Attorneys, Legal Service Plans
    Nelson Phillip
    1000 N Main St
    Altus, OK 73521
    (580) 482-7134
    Corporation & Partnership Law Attorneys,  Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Wil
    Mills Tabitha
    1000 N Main St
    Altus, OK 73521
    (580) 482-7134
    Divorce Attorneys,  Attorneys,  Family Law Attorneys,  Business Bankruptcy Law Attorneys,  General P
    Latham Nelson & Associates PLLC
    1000 N Main St
    Altus, OK 73521
    (580) 482-7134
    Attorneys, Divorce Attorneys, Family Law Attorneys
    Braddock David B
    1000 N Main St
    Altus, OK 73521
    (580) 482-7134
    Probate Law Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys
    Kroll David A
    905 Falcon Rd
    Altus, OK 73521
    (580) 482-6020
    Attorneys, Accountants-Certified Public
    Mc Mahan Robert A
    217 W Commerce St
    Altus, OK 73521
    (580) 482-5551
    Business Bankruptcy Law Attorneys,  Attorneys,  Bankruptcy Services,  Criminal Law Attorneys,  Labor
    Mark T Coke
    205 W Cypress St
    Altus, OK 73521
    (580) 482-5474
    Attorneys, Estate Planning, Probate, & Living Trusts, Wills, Trusts & Estate Planning Attorneys, Ins
    Huntsman Law Firm P
    PO Box 1584
    Ada, OK 74821
    (580) 332-4541
    General Practice Attorneys, Attorneys, Legal Service Plans
    Powell Morgan K
    118 N 11th St # 104
    Collinsville, OK 74021
    (918) 371-3622
    Attorneys, Legal Service Plans
    Oden Tal Law Office
    209 N Hudson St
    Altus, OK 73521
    (580) 482-3456
    General Practice Attorneys, Attorneys
    Horton Charles P
    216 W Commerce St
    Altus, OK 73521
    (580) 482-3355
    Adoption Law Attorneys,  Attorneys,  Family Law Attorneys,  Accident & Property Damage Attorneys,  R
    Goza Washington & Coleman
    123 W Commerce St
    Altus, OK 73521
    (580) 482-3337
    Attorneys, General Practice Attorneys
    Haynie Timothy C
    222 W Cypress St
    Altus, OK 73521
    (580) 591-2720
    Attorneys, Criminal Law Attorneys, Family Law Attorneys, DUI & DWI Attorneys, Military & Veterans La
    Mitchell Joel K
    1318 W Main St
    Collinsville, OK 74021
    (918) 371-1896
    Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Bankruptcy Services,
    Mc Mahan Dan
    101 E Broadway St
    Altus, OK 73521
    (580) 482-0560
    Attorneys, Probate Law Attorneys, Wills, Trusts & Estate Planning Attorneys
    Beason Law Firm PLLC
    108 W Broadway St
    Altus, OK 73521
    (580) 477-0400
    Attorneys, General Practice Attorneys, Adoption Services
    Rana Womack, P
    100 N Main St
    Altus, OK 73521
    (580) 482-0082
    Probate Law Attorneys, Attorneys, Family Law Attorneys, Wills, Trusts & Estate Planning Attorneys
    12Law.com   |  NASHVILLE, TN USA   |  CONTACT US