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Does a prenuptial agreement follow you with the second marriage to the same person?
Wiki User
∙ 14y ago
No. A prenuptial agreement is good ONLY for the nuptials (marriage) in the agreement. Once you divorce, the nuptials (marriage) in question have come to an end.
Even if you marry the same person a second time, that is considered NEW nuptials (new marriage) and would require a new prenuptial agreement. Or you could marry the person WITHOUT a prenup the second time. It is up to the participants.
Wiki User
∙ 14y ago
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How does one set up a prenuptial agreement?
There are several ways a person can set up a prenuptial agreement. A prenuptial agreement can be set up with an attorney. The prenuptial agreement must be written and signed by both parties.
Can I write my own prenuptial agreement before marriage?
No you do not legally have to sign a marital prenup,you can refuse to sign it and the only consequence would be that the person wanting the prenup would not marry you.
Can a prenuptial agreement stipulate that assets that one party in a marriage earns during the marriage are retained by that party upon divorce?
Yes, that's exactly what most people put on their prenuptial agreements. Just be sure to clearly explain exactly what each person's rights are.
Is a life estate just like a prenuptial agreement?
No. They are completely different.A life estate allows a person to the use and possession of real property for life. When they die they owners of the property take possession free and clear of the life estate.A prenuptial agreement is a contract two people sign prior to their marriage. The agreement describes how the couple's financial affairs are to be handled both during the marriage and in the event of divorce. Enforceability varies by state laws.
When is it good to get a prenuptial agreement?
It is almost always a good idea to have a prenuptial agreement. You should have a prenuptial agreement if you 1) have children from another marriage 2) have substantial assets prior to your marriage 3) have substantial intellectual property from before your marriage 4) already own a home 5) own a business 6) your partner has debt 7) have another person who relies on you for support (ie: parent or sibling)
Is a prenuptial agreement a sign of my bf being selfish and caring more for his money than me he said he does not know what might happen in the future but he trusts me its him whom he does not trust?
If he does not trust himself then he would ask you to have a prenuptial agreement so he is full of it! When a person wants a prenuptial agreement it is to protect themselves. Example: If that person had a business and made a great profit then a prenuptial agreement would stop you from getting any part the business or profits. If two people are in love and one (especially males) wants a prenuptial agreement then it's not love because love is about trust and loyalty. He is afraid of himself and not mature or confident enough to get married because he feels already that there is a possibility the marriage may not work out and divorce may happen so he is covering his own hide. When you marry you work together towards your future so possibly a house; property a business, etc., may be in his name and with a prenuptial agreement you could be left out in the cold. It is a known fact that more men make better wages than women, so tell him if he does not nix the prenuptial agreement then the engagement is off.
What is a prenumpt?
A prenuptial agreement is a contract signed before marriage specifying particular matters about the marriage or in preparation for the marriage to break up. It may specify how property is divided in a divorce, specify where the couple will live, or how much spousal support will be paid. In general they are used when one person in the marriage feels that they have assets that they wish to protect in the event that the marriage fails. It's a contract signed before a marriage, and it determines who will get what in case of an divorce. Withiout a prenuptial agreement a divorce settlement can go to the court instead, which can turn out nasty for the one of the spouses that had most money before they married.
Prenuptial Agreement Inclusions?
Getting married has never been a simple affair, with the numerous details that the couple is required to remember, and some details must be left up to others, due to the enormity of the task of planning and pulling off what everyone expects to be the most important day of their life. In addition to all of the aesthetics and religious aspects of the wedding, legal aspects of marriage have gotten to be a more prevalent part of the institution. Prenuptial agreements are becoming commonplace, and as such, there are certain inclusions that should be in an average prenuptial agreement, if it is an aspect of your marriage. Prenuptial agreements for the average couple should include financial agreements, property agreements, and last will and testament provisions should the marriage end in death. The financial agreements usually spell out how money or debt accumulated during the marriage will be split in the event of divorce. Also, it provides an amount for alimony or child support as well. Usually debt incurred before the marriage is left to the individual person to whom it belongs. For property, similar to finances, property purchased during the marriage is split a certain way, while property owned before the marriage is kept by the individual owner. Property, in the case of prenuptial agreements include art, jewelry, pets and anything of sentimental value, in addition to real estate. Child support payments are also agreed to, should the marriage produce any children. Also, children brought into the marriage are also written into the agreement, which will state whether or not they are entitled to support as well as natural children. Prenuptial agreements are best agreed upon well before the wedding date, so any arguments that could ensue do not overshadow what should be a happy time. Also, for the prenuptial agreement to be legally binding, it is imperative that both parties fully disclose any debts or assets they are bringing into the union. Even if the agreement allows each person to keep their individual assets, if everything is not fully disclosed before the agreement is signed, the entire agreement will be null and void. Thus making all the stress regarding the prenuptial agreement for naught.
Prenuptial Been living together for 14 years you have worked at home doing all duties house yard ect Now were going to get married He wants a prenup what do you get since you did'nt work.?
Since you have been married for 14 years you are classified as living common-law. If two people love each other then there should not be a prenuptial agreement. Some gratification should be given to the spouse who has not worked. Example: If a woman stays home (whether they have children or not) and cooks, cleans and keeps the house in order; pays bills, etc. does yard work, etc. (this includes men) and the person they are married too has built up a business on their own before marriage and prefers a prenuptial agreement so there is no red tape attached to their business, then that person should make other arrangements with compensation of other sorts. If the person is not willing to do this then marriage should be out of the question. Marriage is about sharing and having a Will. If divorce should happen then the spouse (if they retain a lawyer) will get something from their spouse, but once a prenuptial agreement has been signed by both partners and validated by a lawyer regarding a business or large pieces of property then it is generally set in stone.
Understanding the Importance of a Prenuptial Agreement?
A prenuptial agreement, more commonly known as a prenup, is a contract between two individuals who intend to marry or enter into a civil union. This contract, which is created prior to the union, outlines what will happen should the couple get divorced. Prenuptial agreements usually dictate how the couple will split their assets, property and handle spousal support. This agreement might also include provisions penalizing an unfaithful spouse or dictate certain spousal responsibilities. The main thing a prenuptial agreement may not contain is terms regarding the future custody or visitation of a child.How to Determine If You Need a PrenupPrenuptial agreements are used to protect the finances of both parties in case of divorce. Divorce can take a huge toll on a person's financial security. Without a prenuptial agreement, an individual might lose valuable assets he or she worked hard for prior to the marriage.Still, it can be difficult to determine whether a person really needs a prenup. Contrary to what many people believe, these agreements are not just for the rich. Generally speaking, anyone with valuable assets, like a home or retirement fund, should seriously consider a prenuptial agreement. Business owners, breadwinners, future breadwinners and people with dependents from a previous relationship should also consider a prenup. If you fall into one of these categories, forgoing a prenuptial agreement might strip you of your rightfully earned income or assets should you get divorced.How to Create a Prenuptial AgreementFor a prenuptial agreement to be valid, it must be in writing, created voluntarily and be reasonably fair to both parties. Neither party can attempt to hide certain terms or deceive their future spouse. To prove the agreement is authentic, both parties must sign the document in front of a notary public.While these requirements are fairly straightforward, writing a prenuptial agreement can be difficult. To create this agreement, individuals protecting large assets should consult an experienced attorney. In this case, both parties should consult their own attorney to ensure the agreement is in their best interests.Couples protecting more conservative assets can sometimes create their own contract using state-specific templates and forms. These forms are almost entirely written and allow couples to simply fill in the blanks. As long as your prenuptial agreement meets your state requirements, choosing to create your own contract or using an available template will save you both money and time.
If you remarry the same person what happen with the divorce agreement from the first marriage?
it gets nullified
What is the law regarding ownership of furniture where a relationship has ended?
If the relationship is not a marriage there is no law covering who owns what when it ends. Each person owns what he or she bought with his or her own money. They have to figure out on their own who get which of the items they bought with pooled funds. In the case of a marriage breakup, the law may define minimum distribution of community property, but a prenuptial agreement would take precedence, and sometimes the parties can agree on their own even if they don't have a prenup.
