12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!

Deciding Whether a Pre-Nuptial Agreement is Right for You in Harwick, PA

Deciding Whether a Pre-Nuptial Agreement is Right for You in Harwick, PA

Love is a symbol of eternity. It wipes out all sense of time, destroying all memory of a beginning and all fear of an end.
- Author Unknown

A prenuptial agreement is a contract executed by a couple before they marry, and it concerns the ownership of their respective assets should the marriage fail.

Nothing kills romance faster than the word pre-nup. On a practical level, with almost half of all marriages ending in divorce, a prenup may be an insurance policy in case things don't work out long term.

Marriage is not just an emotional and physical union, it's also a financial union. A prenup and the discussions that go with it can help place the financial well-being of the marriage on a solid foundation. The contract spells out how assets will be distributed in the event of divorce or death.

Getting to know your assets and property can help make up your mind if need to have a prenuptial agreement before you get married. There are three steps to determine this:

1. Take a Prenuptial Quiz. If you and your spouse-to-be answer yes to any of these questions, chances are having a pre-nup is helpful. If most answers are no, aprenup can still be helpful but not as critical.<.p>

  • Do either of you possess any real estate?
  • Do either of you possess money amounting to $50,000 or more aside from having real estate?
  • Do either of you own a business?
  • Do either of you earn more than $100,000 annually?
  • Do either of you have any valuable employment benefits like stock options or profit sharing or have you earned more than a year's worth of retirement benefits?
  • Does either of you plan to pursue an advance degree while the other one works?
  • Do either of you have other heirs for your estate other than your spouse when you die?

  • 2. Identify Important Issues

    List all the issues you want addressed in a prenuptial agreement. In this way you can check and discuss these issues with your spouse-to-be. These issues may touch upon subjects like separation of property, how to handle money and property during the course of marriage, alimony, or how your property will be treated after death.

    Other common prenup topics may include:

  • Joint or separate property
  • Estate planning issues including leaving family property or provisions for children from previous marriage
  • Handling of separate businesses
  • Separate handling of each person's debts
  • In case of separation or divorce, who gets what, including alimony
  • Income tax returns, filing and allocation of income
  • Who will be responsible for the household expenses and how payments will be funded
  • Managing joint bank accounts and separate bank accounts
  • Specific big ticket purchases
  • Credit card charges and and how payments will be funded
  • Investment and savings plans for the future
  • Arrangements regarding education
  • Agreements regarding the provisions for the surviving spouse just in case the other one passes away.
  • How to settle disagreements in the future

  • 3. Assess your Comfort Level

    On a scale from 1 to 5, with 5 being the highest, how comfortable are you with the idea of having a prenup? How comfortable do you estimate your spouse-to-be will be with a prenup?

    Score of one to two: What are the reasons for your discomfort? Are you unsure whether you are in a better legal and financial position without a prenup vs. with a prenup? Do you know enough about the laws and regulations about prenup in your state? Are you worried about offending your fiancé? Is it possible that the two of you need to be able to talk about difficult matters in a loving way, as a way to pave the way for more open communication with your spouse-to-be in the future?

    Score from three to five: if you are comfortable enough to talk to your fiancé, then go ahead and start discussing the specifics. Discussing it in a level-headed manner can be a good start to see each other eye to eye. Be open about the discussion and don't take all in one go. Take your time, be open minded and build on trust openness and transparency.

    Personalize & Print a Free PA 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 Harwick, PA
    Robert Leite-Young, LLC.
    2938 Levick Street
    Philadelphia, PA 19149
    (267) 242-9543
    Legal Document Assistance,  Debt Adjusters,  Foreclosure Services,  Bankruptcy Law Attorneys,  Gener
    Platt Law Firm
    232 Main St
    Emmaus, PA 18049
    (610) 421-8911
    General Practice Attorneys, Attorneys
    John M Ashcraft Law Office
    20 N 5th St # 1
    Emmaus, PA 18049
    (610) 421-8800
    Insurance Attorneys,  Attorneys,  Business Law Attorneys,  Personal Injury Law Attorneys,  Legal Ser
    Mussel Sarah E
    860 Broad St # 103
    Emmaus, PA 18049
    (610) 421-8580
    Family Law Attorneys, Attorneys, Legal Service Plans
    Joanne Sallit-Hull
    860 Broad Street, STE 103
    Emmaus, PA 18049
    (215) 901-8375
    Criminal Law Attorneys, Attorneys
    Alcidonis Law Office
    2824 Cottman Ave # 15
    Philadelphia, PA 19149
    (267) 343-8364
    Immigration Law Attorneys, Attorneys
    Ziembicki Linda L
    900 E Main St
    Rural Valley, PA 16249
    (724) 783-7088
    General Practice Attorneys, Attorneys
    Kirkpatrick William H
    200 N Front St
    New Freedom, PA 17349
    (717) 235-6606
    Attorneys, Legal Service Plans
    Kocher Jr William F
    232 Main St
    Emmaus, PA 18049
    (610) 967-5790
    Real Estate Attorneys, Attorneys, Legal Service Plans
    Frank's Premiere Paralegal Services, LLC
    PO Box 45756
    Philadelphia, PA 19149
    (215) 791-5561
    Affordable Legal Center, LLC
    2448 Cottman Ave
    Philadelphia, PA 19149
    (215) 333-5297
    Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Immigration Law Attorneys,  Landlord & T
    Nair Morley J
    6035 Castor Ave
    Philadelphia, PA 19149
    (215) 744-5100
    General Practice Attorneys, Attorneys, Legal Service Plans
    Zettlemoyer Emily A
    53 N 3rd St
    Emmaus, PA 18049
    (610) 967-4654
    Attorneys,  Family Law Attorneys,  Wills, Trusts & Estate Planning Attorneys,  General Practice Att
    The Law Office
    3200 Magee Ave
    Philadelphia, PA 19149
    (215) 335-4004
    General Practice Attorneys, Attorneys, Legal Service Plans
    Falvello Christopher DDS
    782 W Butler Dr
    Sugarloaf, PA 18249
    (570) 359-3330
    General Practice Attorneys, Attorneys, Legal Service Plans
    Ana Molina & Assoc
    6056 Castor Ave
    Philadelphia, PA 19149
    (215) 289-2615
    Immigration Law Attorneys, Attorneys, Immigration & Naturalization Consultants
    Tyson Legal Center
    2827 Tyson Ave
    Philadelphia, PA 19149
    (215) 335-2600
    General Practice Attorneys, Legal Service Plans, Attorneys
    Rovner Robert A
    6545 Roosevelt Blvd
    Philadelphia, PA 19149
    (215) 698-1800
    Attorneys,  Malpractice Law Attorneys,  Accident & Property Damage Attorneys,  General Practice Atto
    Rovner Robert
    6545 Roosevelt Blvd
    Philadelphia, PA 19149
    (215) 698-1800
    Attorneys, Malpractice Law Attorneys, Accident & Property Damage Attorneys, General Practice Attorne
    Solomon & Sherman
    6378 Castor Ave
    Philadelphia, PA 19149
    (215) 722-1600
    Attorneys, Legal Service Plans
    Shulman & Shabbick
    1325 Chestnut St Ste 106
    Emmaus, PA 18049
    (610) 967-0700
    Probate Law Attorneys, Attorneys, Family Law Attorneys, Wills, Trusts & Estate Planning Attorneys
    12Law.com   |  NASHVILLE, TN USA   |  CONTACT US