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!
 
 

Deciding Whether a Pre-Nuptial Agreement is Right for You in Zip Code 66160

Deciding Whether a Pre-Nuptial Agreement is Right for You in Zip Code 66160


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, and it concerns 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.

     
    Personalize & Print a Free KS 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 Zip Code 66160
    Pyle Law Office
    207 N Main St Suite 203
    McPherson, KS 67460
    (620) 241-9000
    Attorneys,  Wrongful Death Attorneys,  Accident & Property Damage Attorneys,  Personal Injury Law At
    Karstetter & Klenda
    100 W Kansas Ave
    McPherson, KS 67460
    (620) 241-8800
    Civil Litigation & Trial Law Attorneys,  Attorneys,  Personal Injury Law Attorneys,  Bankruptcy Law
    Bina Brian L
    100 W Kansas Ave
    McPherson, KS 67460
    (620) 241-8800
    Bankruptcy Law Attorneys, Attorneys, Bankruptcy Services
    Kaufman TY
    122 W Marlin St
    McPherson, KS 67460
    (620) 241-7950
    Attorneys, Legal Service Plans
    Jones Dennis C
    304 S Main St
    Lakin, KS 67860
    (620) 355-7848
    Attorneys
    Kansas Wildlife & Parks Law En
    304 Albert St
    Lakin, KS 67860
    (620) 355-7717
    Attorneys, Legal Service Plans
    Mills William S
    900 N Main St # 1
    McPherson, KS 67460
    (620) 241-7333
    Attorneys, Legal Service Plans
    Sprague Dale M
    121 W Marlin St # 400
    McPherson, KS 67460
    (620) 241-7112
    Attorneys
    Mills Michael T Chartered
    111 E Marlin St
    McPherson, KS 67460
    (620) 241-7007
    Attorneys, Legal Service Plans
    Sizemore Law Office
    903 Canadian Dr
    McPherson, KS 67460
    (620) 241-6471
    General Practice Attorneys, Attorneys
    Campbell Kevin
    305 N Main St
    Lakin, KS 67860
    (620) 355-6398
    Attorneys
    Johnson & Kinzel
    1210 N Walnut St
    McPherson, KS 67460
    (620) 241-5825
    Attorneys, General Practice Attorneys
    Terrill & Westblade Atty
    119 N Main St
    Lakin, KS 67860
    (620) 384-5352
    General Practice Attorneys, Attorneys, Legal Service Plans
    Johnson & Kinzel
    1016 N Main St
    Mcpherson, KS 67460
    (620) 241-4533
    Attorneys, Legal Service Plans
    Sizemore Hadley
    1016 N Main St
    McPherson, KS 67460
    (620) 241-4533
    Mediation Services,  Attorneys,  Wills, Trusts & Estate Planning Attorneys,  Arbitration Services,
    Tittel Larry D
    112 S Pennsylvania Ave
    Ness City, KS 67560
    (785) 798-3376
    Attorneys, Legal Service Plans
    Nathan Sandy Law Office
    1766 Chisholm Rd
    McPherson, KS 67460
    (620) 345-3275
    Attorneys, Mediation Services, Arbitration Services
    Emler Jay S
    1233 N Main St
    McPherson, KS 67460
    (620) 241-2910
    Attorneys
    Mc Ilvain Karen
    300 W Main St
    Madison, KS 66860
    (620) 437-2600
    Attorneys, General Practice Attorneys, Legal Service Plans
    Tittel Law Office
    PO Box 130
    Ness City, KS 67560
    (785) 798-2347
    Attorneys, General Practice Attorneys, Legal Service Plans
    Crosswhite Craig S
    118 1/2 S Pennsylvania Ave
    Ness City, KS 67560
    (785) 798-2111
    Attorneys, Real Estate Attorneys, Collection Law Attorneys
    Adoption Law
    120 W Kansas Ave
    McPherson, KS 67460
    (620) 241-1611
    Attorneys, Adoption Services, Legal Service Plans
    Total Attorneys - Personal Injury
    274211 Fairmount St
    Wichita, KS 67260
    (316) 742-0931
    Attorneys, Legal Service Plans
    Pemberton Mark A
    120 W Kansas Ave Ste B
    McPherson, KS 67460
    (620) 241-0554
    Attorneys, Legal Service Plans
    12Law.com   |  NASHVILLE, TN USA   |  CONTACT US