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!
 
 

Pros and Cons of a Pre-Nuptial Agreement in Zip Code 20624

Pros and Cons of a Pre-Nuptial Agreement in Zip Code 20624


We have the greatest pre-nuptial agreement in the world. It's called love.
 
- Gene Perret


A prenup may not make you more likely to get divorced. It may lay a foundation for open and transparent communication that can be the bedrock of a strong marriage.

Engaged couples may be on cloud nine with wedding planning and honeymoon prospects and the very idea of a prenup may seem like the ultimate romance killer. But just because divorce isn't foreseeable doesn't mean a couple shouldn't be aware of their individual and combined assets, debt, cash flow and net worth. Actually, divorce is the true romance killer. Surveys indicate that the leading causes of divorce are communication problems, followed by sexual infidelity and not spending enough time together.

Signing a prenuptial agreement can have its advantages and challenges. In order to understand further the purpose of this document, it would help to see and assess the benefits and drawbacks:

Benefits of a Prenuptial Agreement

• Separately owned property is protected

• Prenup can provide estate planning support

• It clearly identifies what property is considered individual vs. marital or community

• It can reduce conflict and expense in the case of a future divorce


Having a prenup can actually pave the way for practicing open communication with your spouse. Some people may think that discussing money matters can lead to conflict when the exact opposite may be the case. Being frank and open about money and property can help eliminate misunderstandings and support good communication in a marriage.

Talking about money does not only happen only during the creation of a prenup, it can actually happen during the entire course of married life. Handling it early in the relationship can be a good sign that the couple can handle these topics and that both of them are level headed enough when it comes to money and property.


Disadvantages of a Prenuptial Agreement

• It's not romantic. Let's face it. It is kind of uncomfortable to talk about the possibility of your union ending in separation or divorce. Also, discussing money and property can be a hindrance to the couple enjoying the engagement period before the wedding

• Timing is essential. Discussing issues about money management, responsibility for debts, property rights and estate planning can be stressful and unpleasant at any time. Doing it early in the relationship can make it all the more stressful.

• State law protection. The existing state laws regarding the property rights of married individuals indicate the ownership of what you accumulate together during the course of marriage and a prenup cannot override state law. However, the prenup can address individual property accumulated prior to the marriage.

 
Personalize & Print a Free MD 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 20624
Hessey & Hessey
3500 Boston St Ste 400
Baltimore, MD 21224
(410) 342-9800
Estate Planning Attorneys, Attorneys, Legal Service Plans, Tax Attorneys, Business Law Attorneys
Heper Tony
5301 Eastern Ave
Baltimore, MD 21224
(410) 633-8300
Attorneys, Legal Service Plans
Peter G Angelos
540 Dundalk Ave
Baltimore, MD 21224
(410) 633-8100
General Practice Attorneys, Attorneys, Legal Service Plans
Dennis E Cuomo
323 S Conkling St
Baltimore, MD 21224
(410) 675-7900
General Practice Attorneys, Attorneys, Legal Service Plans
Wargo Charles J
2930 E Baltimore St
Baltimore, MD 21224
(410) 327-6611
Attorneys, Legal Service Plans
Richard D White
8210 Finchleigh St
Laurel, MD 20724
(301) 483-6567
Attorneys
Friedman Myles F
1001 N Point Blvd # 506
Baltimore, MD 21224
(410) 284-6060
General Practice Attorneys, Attorneys, Legal Service Plans
Wilkinson Laura
3344 E Baltimore St
Baltimore, MD 21224
(410) 537-5866
General Practice Attorneys, Attorneys
Uaw-Gm Legal Svc Plan
6610 Tributary St # 210
Baltimore, MD 21224
(410) 633-5600
Attorneys, Legal Service Plans
William J Mockus
2832 E Baltimore St
Baltimore, MD 21224
(410) 342-5552
Attorneys
Harby Shawn R
309 S Conkling St
Baltimore, MD 21224
(410) 675-4461
Attorneys, Legal Service Plans
John W Conrad III
3907 Eastern AVE
Baltimore, MD 21224
(410) 494-4330
General Practice Attorneys, Attorneys
Richard D. Lebovitz, Esquire
7508 Eastern Avenue
Baltimore, MD 21224
(410) 282-2700
Family Law Attorneys, Social Security & Disability Law Attorneys, Wills, Trusts & Estate Planning At
Maslan, Maslan & Rothwell, P.A.
7508 Eastern Avenue
Baltimore, MD 21224
(410) 282-2700
Civil Litigation & Trial Law Attorneys, Criminal Law Attorneys, Divorce Attorneys, Wills, Trusts & E
Heise James
3218 Eastern AVE
Baltimore, MD 21224
(410) 276-1983
Attorneys, Legal Service Plans
Schulte Booth
3001 Elliott St
Baltimore, MD 21224
(410) 732-1315
Personal Injury Law Attorneys, Civil Litigation & Trial Law Attorneys, Attorneys
Gilbert Michael I
7506 Eastern Ave
Baltimore, MD 21224
(410) 282-0600
Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US