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!
 
 

Orientation to Pre-Nuptial Agreements in Zip Code 97209

Orientation to Pre-Nuptial Agreements in Zip Code 97209


A successful marriage requires falling in love many times, always with the same person.
 
- Mignon McLaughlin


A prenup is a contract entered into prior to marriage, civil union or any other agreement that typically includes provisions for division of property and spousal support in the event of divorce or breakup of marriage.

Premarital Agreement is a newer term used to refer to this document. In some states it is called an antenuptial agreement or simply a contract. If contact or agreement is signed after marriage it is known as postnuptial or marital agreement.

Who Needs a Prenuptial Agreement?

Prenups are not just for affluent people. This is commonly perception because prenuptials are often used as a means to protect the assets of the rich. Presently, couples of modest means use this agreement as a means to achieve their goals such as:

• Passing on separate properties to children from prior marriage. Having a prenuptial agreement by couples who have children from prior marriages can be a binding document which can be used to bequeath their respective children property if they pass away. The surviving spouse can usually claim a larger share of the property in the absence of a prenuptial agreement.

• Financial rights. This document can clarify the financial rights and responsibilities of couples, with or without children, wealthy or not.

• Avoid conflict during a possible divorce in the future. Having a prenuptial agreement can prevent potential arguments about the financial settlements and division of property during a divorce. Less uncertainty may lead to less acrimony. Some states will scrutinized heavily if a spouse gives up the right to alimony. It may not be enforced if it was found that the spouse did not understand what they were signing.

• Get protection from debt. Prenups can address a variety of issues and can help protect spouses from each other's debts.


Having No Prenuptial Agreement

During divorce or death, state law will determine who will own the property acquired during the course of marriage when no prenuptial document is available. Depending on the state, this acquired property may be known as marital or community property.

Since marriage is considered as a contract between two people, certain automatic property rights can accompany the union. Without a prenuptial agreement, the spouse has the right to:

• Shared ownership. Property acquired during the course of marriage is expected to be divided by the spouses in case of death or divorce.

• Debts incurred during marriage that the other spouse may have to pay

• Marital or community property, which has to be shared in terms of management and control. The spouse can have the right to sell or give it away.


These are just a few of the things that may occur in a marriage without a prenuptial agreement. If this is not your preference, signing a prenup agreement is a good way to let you and your partner decide how your property should be handled. These laws are also known in other names such as marital property, probate laws and divorce.

How to Make Sure Your Prenuptial Agreement is Valid

Historically, courts were suspicious of prenups because they usually involved a waiver of legal and financial benefits by a less wealthy and less financially sophisticated spouse. As divorce and remarriage have become more prevalent, and with more couples opting for prenups, courts are increasingly willing to enforce Premarital Agreements. Nevertheless, a prenup that is judged unfair or otherwise fails to meet state requirements will still be set aside.

It is important that you negotiate and write up your agreement in a way that is clear, understandable, and legally sound. You can check out a free preview of a prenup at 12Law.

 
Personalize & Print a Free OR 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 97209
Randall Vogt, P.C.
1314 NW Irving St Suite 207
Portland, OR 97209
(503) 228-9858
Sexual Harassment Attorneys, Litigation & Tort Attorneys, Civil Litigation & Trial Law Attorneys, Cr
Singer Richard
380 NW 13th Ave
Portland, OR 97209
(503) 224-9544
Attorneys, Legal Service Plans
Rylander Kurt
406 NW 12th Ave
Portland, OR 97209
(503) 525-9181
Attorneys
Paulson Coletti Trial Attorneys PC
1022 NW Marshall St Suite 450
Portland, OR 97209
(503) 928-8985
Civil Litigation & Trial Law Attorneys,  Attorneys,  Criminal Law Attorneys,  Personal Injury Law At
Cunningham Thomas
812 NW 17th Ave
Portland, OR 97209
(503) 220-8870
Attorneys
Stavley Chad
434 NW 19th Ave
Portland, OR 97209
(503) 546-8812
General Practice Attorneys, Attorneys, Legal Service Plans
Paul F Sherman Law Offices
1314 NW Irving St Apt 207
Portland, OR 97209
(503) 223-8441
Personal Injury Law Attorneys, Insurance Attorneys, Attorneys
Stalnaker Jr Thurl
405 NW 18th Ave # 200
Portland, OR 97209
(503) 227-7851
Attorneys, Legal Service Plans
Dowling Aaron & Keeler
1623 NW 19th Ave
Portland, OR 97209
(503) 222-7575
Attorneys
Darin Wisehart
2080 NW Everett St Ste 201
Portland, OR 97209
(971) 279-7443
Bankruptcy Law Attorneys, Tax Attorneys, Attorneys
Freedman Thomas
312 NW 10th Ave # 2
Portland, OR 97209
(503) 467-7257
Attorneys
Bradach Law Offices
800 NW 6th Ave # 209
Portland, OR 97209
(503) 238-7170
General Practice Attorneys, Attorneys, Legal Service Plans
Pearl Legal GROUP Pc
1010 NW Flanders St
Portland, OR 97209
(503) 445-7101
Attorneys, Legal Service Plans
Clark Lance R
821 NW Flanders St # 330
Portland, OR 97209
(503) 284-6899
Attorneys, Attorneys Referral & Information Service
Paulson Coletti Trial Attorneys
1022 NW Marshall St
Portland, OR 97209
(503) 226-6361
Attorneys, Civil Litigation & Trial Law Attorneys
Highet Cathy
1635 NW Johnson St
Portland, OR 97209
(503) 226-6111
Attorneys
Edward T. Leclaire
222 NW 4th Ave Ste 106
Portland, OR 97209
(503) 753-5778
Attorneys, Legal Service Plans
Shomloo David N
222 NW Davis St # 402
Portland, OR 97209
(503) 220-5045
Attorneys, Legal Service Plans
Western Litigation Inc
1919 NW Lovejoy St
Portland, OR 97209
(503) 415-5010
Estate Planning Attorneys
Fucile Mark J Attorney
115 NW 1st Ave Ste 401
Portland, OR 97209
(503) 224-4895
Attorneys, Legal Service Plans
Fucile & Reising LLP
115 NW 1st Ave Ste 401
Portland, OR 97209
(503) 224-4892
Attorneys
Robertson Melissa M
1125 NW Couch St
Portland, OR 97209
(503) 943-4850
Attorneys
Schickli Scott E
1120 NW Couch St # 200
Portland, OR 97209
(503) 943-4830
Attorneys, Legal Service Plans
Steve Lindsey P.C.
405 NW 18th Ave
Portland, OR 97209
(503) 223-4822
Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US