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!

Orientation to Pre-Nuptial Agreements in Homer City, PA

Orientation to Pre-Nuptial Agreements in Homer City, PA

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 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 Homer City, PA
Stevens Scudder G
120 N Union St
Kennett Square, PA 19348
(610) 444-9840
Estate Planning Attorneys, Attorneys, Legal Service Plans
Holahan II J Patrick
113 S Broad St
Kennett Square, PA 19348
(610) 444-9795
Attorneys,  Mediation Services,  Arbitration Services,  Legal Service Plans
Law Offices Mic
103 Sigel St
Philadelphia, PA 19148
(215) 218-9243
General Practice Attorneys, Attorneys, Legal Service Plans
Beach Thomas E
210 E State St
Kennett Square, PA 19348
(610) 444-9178
Accident & Property Damage Attorneys,  Attorneys,  Legal Service Plans,  Bankruptcy Law Attorneys,  
Caudo Michael A
1615 S Broad St
Philadelphia, PA 19148
(215) 389-8940
Attorneys, Legal Service Plans
Hartle Carolyn E
689 N Hermitage Rd Ste 1
Hermitage, PA 16148
(724) 981-8700
Elder Law Attorneys, Attorneys
Mc Cann Kenneth K
689 N Hermitage Rd Ste 1
Hermitage, PA 16148
(724) 981-8700
Bankruptcy Law Attorneys, Attorneys, Legal Service Plans
Cherry Fieger & Cherry
11 E 2nd St
Kennett Square, PA 19348
(610) 444-8555
Attorneys,  Bankruptcy Services,  Malpractice Law Attorneys,  Accident & Property Damage Attorneys,
Cherry Fieger & Cherry Attys
11 E 2nd St
Kennett Square, PA 19348
(610) 444-8555
Attorneys, Malpractice Law Attorneys, Accident & Property Damage Attorneys, DUI & DWI Attorneys, Gen
Donze & Donze
696 Unionville Rd
Kennett Square, PA 19348
(610) 444-8018
General Practice Attorneys, Legal Service Plans, Litigation & Tort Attorneys, Accident & Property Da
Barr Deborah L
320 Main St
Towanda, PA 18848
(570) 265-7904
Attorneys, Labor & Employment Law Attorneys, General Practice Attorneys, Employee Benefits & Worker
Murphy Brian
513 Allegheny St # 6
Hollidaysburg, PA 16648
(814) 695-7898
General Practice Attorneys, Attorneys
Nypaver Joseph J LLC
1301 Allegheny St Ste 12B
Hollidaysburg, PA 16648
(814) 696-7800
Accident & Property Damage Attorneys, Personal Injury Law Attorneys, Insurance Attorneys
Nypaver Joseph J
1301 Allegheny St # 125B
Hollidaysburg, PA 16648
(814) 696-7800
Insurance Attorneys,  Attorneys,  Accident & Property Damage Attorneys,  Personal Injury Law Attorne
Evey Black Dorezas Magee Levine Rosensteel & Mauk LLP
401 Allegheny St
Hollidaysburg, PA 16648
(814) 695-7581
Bankruptcy Law Attorneys, Attorneys
Allison Bradley D
401 Allegheny St
Hollidaysburg, PA 16648
(814) 695-7581
Attorneys, Legal Service Plans
Rodden John M
1629 S Broad St
Philadelphia, PA 19148
(215) 551-7434
General Practice Attorneys, Attorneys
Douglas & Joseph
409 N Hermitage Rd
Hermitage, PA 16148
(724) 981-7333
Labor & Employment Law Attorneys,  Attorneys,  General Practice Attorneys,  Employee Benefits & Work
Selagy F Randall
150 Beverly Dr
Kennett Square, PA 19348
(610) 444-6880
Social Security & Disability Law Attorneys,  Attorneys,  Family Law Attorneys,  Labor & Employment L
Krol Theodore J Attorney
326 Allegheny St
Hollidaysburg, PA 16648
(814) 201-6301
General Practice Attorneys, Litigation & Tort Attorneys, Attorneys
Salsman Chad M
12 Park St
Towanda, PA 18848
(570) 265-5870
Attorneys, Criminal Law Attorneys, Family Law Attorneys, Wills, Trusts & Estate Planning Attorneys,
O'malley & Langan PC
213 Main St
Towanda, PA 18848
(570) 265-5800
Social Security & Disability Law Attorneys, Attorneys, Corporation & Partnership Law Attorneys, Gene
Rea Rea & Lashinsky
415 Wayne St
Hollidaysburg, PA 16648
(814) 695-5687
Social Security & Disability Law Attorneys,  Attorneys,  Labor & Employment Law Attorneys,  Real Est
Tesone Robert J
2500 Highland Rd Ste 104
Hermitage, PA 16148
(724) 347-5569
Employee Benefits & Worker Compensation Attorneys, Attorneys, General Practice Attorneys, Legal Serv
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US