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 Kincheloe, MI

Pros and Cons of a Pre-Nuptial Agreement in Kincheloe, MI


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 MI 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 Kincheloe, MI
Mortimer Law Firm
514 Munson Ave
Traverse City, MI 49686
(231) 933-9999
Social Security & Disability Law Attorneys, Attorneys, Criminal Law Attorneys, Legal Service Plans,
Wakefield Paul G
100 W Big Beaver Rd
Troy, MI 48084
(248) 457-9860
Attorneys, Legal Service Plans
Kerr Russell and Weber PLC
201 W Big Beaver Rd
Troy, MI 48084
(248) 740-9820
Attorneys, Legal Service Plans
Ringsmuth Wuori PLC
102 W Front St
Traverse City, MI 49684
(231) 714-9809
Attorneys,  Personal Injury Law Attorneys,  Wrongful Death Attorneys,  Accident & Property Damage At
Walton Smith Phillips & Dixon PC
216 Cass St
Traverse City, MI 49684
(231) 714-9803
Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Social Security & Dis
Campbell O'Brien & Mistele PC
100 W Big Beaver Rd
Troy, MI 48084
(248) 743-9800
Corporation & Partnership Law Attorneys,  Attorneys,  Business Bankruptcy Law Attorneys,  Legal Serv
Staff Counsel
3001 W Big Beaver Rd
Troy, MI 48084
(248) 362-9800
Insurance Attorneys, Attorneys
Brandt Fisher Alward & Pezzetti PC
1241 E 8th St
Traverse City, MI 49686
(231) 941-9660
Legal Service Plans,  Attorneys,  Corporation & Partnership Law Attorneys,  Criminal Law Attorneys,
Rice Susan J
1241 E 8th St # 1
Traverse City, MI 49686
(231) 941-9660
Attorneys, Legal Service Plans
Vermetten Matthew D
1241 E 8th St # 1
Traverse City, MI 49686
(231) 941-9660
Attorneys, Legal Service Plans
Martinelli & Montney PLC
802 S Garfield Ave
Traverse City, MI 49686
(231) 922-9600
Corporation & Partnership Law Attorneys, Attorneys, Real Estate Attorneys, Legal Service Plans
Waelchli Thomas R Law Office
100 W Big Beaver Rd
Troy, MI 48084
(248) 526-9595
General Practice Attorneys, Attorneys, Legal Service Plans
Bergstrom, Gary Atty
13310 S West Bay Shore Dr
Traverse City, MI 49684
(231) 941-9550
Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Domestic Violence Attorneys,  Child Custody A
Zeigler & Associates PC
3001 W Big Beaver Rd Ste 408
Troy, MI 48084
(248) 643-9530
Labor & Employment Law Attorneys, Attorneys, Legal Service Plans
Zelenock Jay Law Firm PLC
160 E State St
Traverse City, MI 49684
(231) 929-9529
Attorneys,  Accident & Property Damage Attorneys,  Personal Injury Law Attorneys,  Employee Benefits
Rosi & Gardner PC
735 S Garfield Ave
Traverse City, MI 49686
(231) 668-9517
Family Law Attorneys, Attorneys, Real Estate Attorneys
Tremp Robert P
1496 Business Park Dr # B
Traverse City, MI 49686
(231) 932-9500
Attorneys
Schwartz Law Firm
30078 Schoenherr Rd
Warren, MI 48088
(248) 553-9400
Attorneys,  Criminal Law Attorneys,  Accident & Property Damage Attorneys,  Personal Injury Law Atto
Branch Willaim F
29065 Schoenherr Rd
Warren, MI 48088
(586) 574-9400
Attorneys, Legal Service Plans, Bankruptcy Law Attorneys
Matthew Connolly
409 E 8th St
Traverse City, MI 49686
(231) 932-9277
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  General Practice Attorneys,  Divorce Att
Conybeare Law Office PC
519 Main St
Saint Joseph, MI 49085
(269) 932-9201
Social Security & Disability Law Attorneys,  Attorneys,  Accident & Property Damage Attorneys,  Empl
Vincent & Vincent
50 W Big Beaver Rd Ste 255
Troy, MI 48084
(248) 688-9200
Accident & Property Damage Attorneys, Attorneys, Legal Service Plans
Ordway Law Firm
3055 Shore Wood Dr
Traverse City, MI 49686
(231) 223-9177
General Practice Attorneys, Attorneys
Michail & Associates
755 W Big Beaver Rd
Troy, MI 48084
(248) 688-9176
General Practice Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US