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 20684

Pros and Cons of a Pre-Nuptial Agreement in Zip Code 20684


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 20684
McConnell Jessica H Law Office
1643 Liberty Rd Ste 105
Sykesville, MD 21784
(410) 552-9986
Attorneys, General Practice Attorneys, Legal Service Plans
Nacewicz Richard
1317 Placid Dr
Sykesville, MD 21784
(410) 795-9966
Attorneys, Legal Service Plans
Law Office-Alice Dansker Doyle
6125 Rolling View Dr
Sykesville, MD 21784
(443) 520-9690
Attorneys
Azuewah Ndukwe
7515 Annapolis Rd
Hyattsville, MD 20784
(301) 918-9512
Attorneys, General Practice Attorneys
August Law
PO Box 19080
Baltimore, MD 21284
(410) 832-8801
Criminal Law Attorneys, Attorneys
Mbadugha Chuck J
7515 Annapolis Rd
Hyattsville, MD 20784
(301) 577-6967
General Practice Attorneys, Attorneys, Legal Service Plans
Martell Donnelly Grimaldi
6190 Georgetown Blvd
Sykesville, MD 21784
(410) 970-6894
Attorneys, Legal Service Plans
Barrett James R
1643 Liberty Rd Ste 105
Sykesville, MD 21784
(410) 549-6633
Attorneys, Legal Service Plans
H L Barnes & Mc Inerney Law
1643 Liberty Rd
Sykesville, MD 21784
(443) 280-6014
General Practice Attorneys, Attorneys
Bartolini Daniel J
1643 Liberty Rd Ste 105
Sykesville, MD 21784
(410) 549-5000
Attorneys
Keenan Leo J
1121 Liberty Rd
Sykesville, MD 21784
(410) 549-3022
Attorneys, General Practice Attorneys, Legal Service Plans
Curtis Douglas S
5929 White Rock Rd
Sykesville, MD 21784
(410) 549-2920
Attorneys
Weisse Robin L
7543 Main St
Sykesville, MD 21784
(410) 875-2588
Attorneys, Legal Service Plans
Rutledge James B
1714 Jarrettsville Rd
Jarrettsville, MD 21084
(410) 692-2100
Attorneys, Legal Service Plans
Pci & Associates
7515 Annapolis Rd Ste 306
Hyattsville, MD 20784
(240) 473-0260
Paralegals
Karen Duff
618 Boulder Ct
Sykesville, MD 21784
(410) 552-0255
Attorneys, General Practice Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US