With Two Out Of Every Five Marriages Resulting In Divorce A Prenuptial Agreement May Serve You As A Type Of Insurance

prGetting married is one of the most romantic things a couple might have during their lives. Although being “too much” in love could seriously affect your judgment when executing a prenuptial agreement, that is designed to address financial matters rather than personal preferences before the marriage. Think about it as of a special type of insurance in order not to kill the romance between you and your spouse.

prenup

A prenuptial agreement, also called antenuptial agreement or premarital agreement, is a written contract that is concluded before marriage. It commonly includes:

  • the terms of possession of assets
  • treatment of future earnings
  • control of the property of each party
  • potential division if the marriage is later dissolved

A prenuptial agreement can help document each spouse’s property or special arrangements between the spouses and reduce conflicts during divorce. It also protects the inheritance rights of children from previous marriage and protect spouses from each other’s debts.

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Separations – Do They Mean The End Of Marriage And Are A Prelude to Divorce?

separateThey say marriages are made in heaven. No one knows how long their marriage will last but once reached the breaking point, the couple decides to separate. Separation means that the married couple is simply living apart. The law does not require a married couple to live together.  A Legal separation is a court order that mandates the rights and duties of a couple while they are still married, but living apart. A legal separation isn’t a divorce. A benefit of a legal separation is that it is the last chance to save a marriage by revising spouses’ mistakes and coming to an agreement.

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