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 88132

Pros and Cons of a Pre-Nuptial Agreement in Zip Code 88132


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 NM 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 88132
Aguilar Catherine
410 S Paseo De Onate
Espanola, NM 87532
(505) 747-9895
Family Law Attorneys, Attorneys, Legal Service Plans
Fox John R
1120 Industrial Park Rd
Espanola, NM 87532
(505) 753-6064
Attorneys, Real Estate Attorneys
Familia Legal Services
108 E Paseo De Onate Ste A
Espanola, NM 87532
(505) 753-4768
Attorneys, Legal Service Plans
Atencio Lorenzo E
108 E Paseo De Onate # A
Espanola, NM 87532
(505) 753-4768
Attorneys, Legal Service Plans
Lucero Law
909 Calle Armada
Espanola, NM 87532
(505) 747-2488
Attorneys,  Criminal Law Attorneys,  Malpractice Law Attorneys,  Accident & Property Damage Attorney
Lucero Kathleen Kentish Atty
909 Calle Armada
Espanola, NM 87532
(505) 747-2488
Criminal Law Attorneys, Attorneys, Malpractice Law Attorneys
Guintana Yvonne K
306 S Paseo De Onate
Espanola, NM 87532
(505) 753-1911
Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Probate Law Attorneys,  Accident & Prope
Phillip Trujillo
PO Box 730
Espanola, NM 87532
(505) 747-0311
Attorneys
Philip Trujillo
710 N Riverside Dr
Espanola, NM 87532
(505) 747-0311
Attorneys
Martinez Martin M
PO Box 760
Espanola, NM 87532
(505) 747-0092
Attorneys, Legal Service Plans
Martinez Martin M
1 Entrada Las Casas
Espanola, NM 87532
(505) 747-0092
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US