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 Hope, ME

Pros and Cons of a Pre-Nuptial Agreement in Hope, ME


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 ME 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 Hope, ME
Runyon Elmer E
PO Box 599
Parsonsfield, ME 04047
(207) 625-9374
Attorneys
Runyon Elmer E Atty
574 North Rd
Parsonsfield, ME 04047
(207) 625-9374
Attorneys
Federle Mahoney
100 Water St
Hallowell, ME 04347
(207) 620-7020
Attorneys, Legal Service Plans
Stewart Douglas
722 Webber St
Carrabassett Valley, ME 04947
(207) 237-4773
Attorneys
Wuori N & T
3030 Main St
Carrabassett Valley, ME 04947
(207) 237-3844
Attorneys
Drechsel Jeanne & Russ
5002 Mountain View Rd
Carrabassett Valley, ME 04947
(207) 237-3738
Attorneys Referral & Information Service
Cresta James & Debra
2625 Alder Brook Ln
Carrabassett Valley, ME 04947
(207) 237-3715
Attorneys
Jackson Patrick & Christina
5006 N Woods Ln
Carrabassett Valley, ME 04947
(207) 237-3633
Attorneys
Coulter Benton R Jr
2573 Beaver Brook Ln
Carrabassett Valley, ME 04947
(207) 237-3571
Attorneys
Smith Tyler & Mitch
2702 Winterbrook Ln
Carrabassett Valley, ME 04947
(207) 237-3526
Attorneys
Shea David & Barbara
2642 Alder Brook Ln
Carrabassett Valley, ME 04947
(207) 237-3468
Attorneys
Cotnoir Jane
2205 Adams Mountain Rd
Carrabassett Valley, ME 04947
(207) 237-3228
Attorneys
Biberstein K
7029 First Tracks Ln
Carrabassett Valley, ME 04947
(207) 237-3010
General Practice Attorneys
Albiston Charles & Sharon
6022 Sandy River Cir
Carrabassett Valley, ME 04947
(207) 237-3004
Attorneys
Edwards Elizabeth
2613 Alder Brook Ln
Carrabassett Valley, ME 04947
(207) 237-2881
Attorneys
Whitledge William
5001 Mountain View Rd
Carrabassett Valley, ME 04947
(207) 237-2850
Attorneys
Hellstedt Jon & Sharon
460 Snowflower Ct
Carrabassett Valley, ME 04947
(207) 237-2668
Attorneys
Dawson Peter T
6 Warren St
Hallowell, ME 04347
(207) 623-2628
General Practice Attorneys, Attorneys
Rutland Holly & Mont Gomery Sara
411 Snowflower Ct
Carrabassett Valley, ME 04947
(207) 237-2569
Criminal Law Attorneys
Williams Barbara
2527 Trout Brook Ln
Carrabassett Valley, ME 04947
(207) 237-2539
Attorneys
Goodrich James
7006 First Tracks Ln
Carrabassett Valley, ME 04947
(207) 237-2532
General Practice Attorneys
Acker Mark & Tammy
6003 Piscataqua Ln
Carrabassett Valley, ME 04947
(207) 237-2427
Attorneys
White Timothy & Dorothy
6025 Penobscot Cir
Carrabassett Valley, ME 04947
(207) 237-2370
Attorneys
Scullen Steve
6004 Piscataqua Ln
Carrabassett Valley, ME 04947
(207) 237-2352
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US