12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Orientation to Pre-Nuptial Agreements in Avalon, WI

Orientation to Pre-Nuptial Agreements in Avalon, WI


A successful marriage requires falling in love many times, always with the same person.
 
- Mignon McLaughlin


A prenup is a contract entered into prior to marriage, civil union or any other agreement that typically includes provisions for division of property and spousal support in the event of divorce or breakup of marriage.

Premarital agreement is a newer term used to refer to this document. In some states it is called an antenuptial agreement or simply a contract. If contact or agreement is signed after marriage it is known as postnuptial or marital agreement.

Who Needs a Prenuptial Agreement?

Prenups are not just for affluent people. This is commonly perception because prenuptials are often used as a means to protect the assets of the rich. Presently, couples of modest means use this agreement as a means to achieve their goals such as:

• Passing on separate properties to children from prior marriage. Having a prenuptial agreement by couples who have children from prior marriages can be a binding document which can be used to bequeath their respective children property if they pass away. The surviving spouse can usually claim a larger share of the property in the absence of a prenuptial agreement.

• Financial rights. This document can clarify the financial rights and responsibilities of couples, with or without children, wealthy or not.

• Avoid conflict during a possible divorce in the future. Having a prenuptial agreement can prevent potential arguments about the financial settlements and division of property during a divorce. Less uncertainty may lead to less acrimony. Some states will scrutinized heavily if a spouse gives up the right to alimony. It may not be enforced if it was found that the spouse did not understand what they were signing.

• Get protection from debt. Prenups can address a variety of issues and can help protect spouses from each other's debts.


Having No Prenuptial Agreement

During divorce or death, state law will determine who will own the property acquired during the course of marriage when no prenuptial document is available. Depending on the state, this acquired property may be known as marital or community property.

Since marriage is considered as a contract between two people, certain automatic property rights can accompany the union. Without a prenuptial agreement, the spouse has the right to:

• Shared ownership. Property acquired during the course of marriage is expected to be divided by the spouses in case of death or divorce.

• Debts incurred during marriage that the other spouse may have to pay

• Marital or community property, which has to be shared in terms of management and control. The spouse can have the right to sell or give it away.


These are just a few of the things that may occur in a marriage without a prenuptial agreement. If this is not your preference, signing a prenup agreement is a good way to let you and your partner decide how your property should be handled. These laws are also known in other names such as marital property, probate laws and divorce.

How to Make Sure Your Prenuptial Agreement is Valid

Historically, courts were suspicious of prenups because they usually involved a waiver of legal and financial benefits by a less wealthy and less financially sophisticated spouse. As divorce and remarriage have become more prevalent, and with more couples opting for prenups, courts are increasingly willing to enforce premarital agreements. Nevertheless, a prenup that is judged unfair or otherwise fails to meet state requirements will still be set aside.

It is important that you negotiate and write up your agreement in a way that is clear, understandable, and legally sound. You can check out a free preview of a prenup at 12Law.

 
Personalize & Print a Free WI Premarital Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Related Legal Services near Avalon, WI
Lara Family Law
15850 W Bluemound Rd Ste 206
Brookfield, WI 53005
(262) 786-9900
Family Law Attorneys, Attorneys, Legal Service Plans
Herman W Latish Family Foundation
13255 W Bluemound Rd
Brookfield, WI 53005
(262) 780-9640
Attorneys
King Law Offices
1667 Capital Ave
Madison, WI 53705
(608) 233-9588
Probate Law Attorneys,  Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Business Law Attorn
Foy Thomas M
12745 W Capitol Dr # 204
Brookfield, WI 53005
(262) 781-9535
Attorneys, Legal Service Plans
Ramstack Douglas A
12745 W Capitol Dr # 204
Brookfield, WI 53005
(262) 781-9535
Estate Planning Attorneys, Attorneys, Wills, Trusts & Estate Planning Attorneys
David J Lisko L Aw Office
14170 W Greenfield Ave
Brookfield, WI 53005
(262) 785-9400
Accident & Property Damage Attorneys,  Attorneys,  Employee Benefits & Worker Compensation Attorneys
Kapke & Kapke
2505 N 124th St # 106
Brookfield, WI 53005
(262) 641-9400
Attorneys, General Practice Attorneys
Osinga Law Offices SC
13500 #201 W Capitol Dr
Brookfield, WI 53005
(262) 229-9373
Wills, Trusts & Estate Planning Attorneys,  Probate Law Attorneys,  Elder Law Attorneys,  Attorneys
Action Law Offices
1020 West Blvd
Racine, WI 53405
(262) 358-9368
Attorneys,  Accident & Property Damage Attorneys,  Labor & Employment Law Attorneys,  Personal Injur
Stilp & Cotton
15800 W Bluemound Rd
Brookfield, WI 53005
(262) 821-9288
General Practice Attorneys, Attorneys
Hoglund, Chwialkowski & Mrozik, P
200 S Executive Dr
Brookfield, WI 53005
(414) 459-9249
Social Security & Disability Law Attorneys,  Attorneys,  Legal Service Plans,  Administrative & Gove
Galang Manuel R
95 N Moorland Rd
Brookfield, WI 53005
(262) 797-9239
Attorneys
Kopp Jennifer
16655 W Bluemound Rd
Brookfield, WI 53005
(262) 827-9130
Attorneys
Dewitt Janice
16655 W Bluemound Rd
Brookfield, WI 53005
(262) 827-9130
Family Law Attorneys, Attorneys, Legal Service Plans
Bertram & Bertram
350 Bishops Way # 204
Brookfield, WI 53005
(262) 789-9030
Attorneys, General Practice Attorneys
Mark S. Knutson, S.C.
14170 W Greenfield Ave
Brookfield, WI 53005
(262) 785-9000
Family Law Attorneys,  Business Law Attorneys,  Estate Planning Attorneys,  Corporation & Partnershi
Fredrick Kristin
16655 W Bluemound Rd Ste 270
Brookfield, WI 53005
(262) 827-8916
Attorneys, Legal Service Plans
Litchfield Cavo
13400 Bishops Ln
Brookfield, WI 53005
(262) 784-8812
Attorneys, General Practice Attorneys
Keane Thea M
405 N Calhoun Rd
Brookfield, WI 53005
(262) 786-8578
Family Law Attorneys, Attorneys
Smith Suzanne M
303 Milwaukee Ave
Burlington, WI 53105
(262) 767-8570
General Practice Attorneys, Attorneys, Legal Service Plans
Hutchison Benson & Oszewski Sc
1025 S Moorland Rd
Brookfield, WI 53005
(262) 789-8535
Real Estate Attorneys, Attorneys, Legal Service Plans
Nickolai & Poletti, LLC
308 Milwaukee Ave
Burlington, WI 53105
(262) 757-8444
Bankruptcy Law Attorneys, Family Law Attorneys, Estate Planning, Probate, & Living Trusts
Armstrong Jenny R
3240 University Ave
Madison, WI 53705
(608) 238-8424
Attorneys
Wanasek Scholze Ludwig Ekes & Iselin S.C.
133 S Pine St
Burlington, WI 53105
(262) 763-8185
Attorneys,  Divorce Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Corporation & Partnersh
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US