answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the specific requiremnt in prenuptial agreement in philllipines?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If you are getting married in another state which state should you have the Prenuptial agreement drafted for and notarized?

You would file a prenuptial agreement form in the state you are currently living in. It must also comply with your state's current laws, and be filed with your county's clerk office so that it's on public record before the wedding. You can download your home state's specific prenuptial agreement form online. I'll provide a link for you in the related links below. The form will come with the instructions you'll need on how to file the form in your state.


The Importance Of A Prenuptial Agreement?

A prenuptial agreement is a contract signed voluntarily between two parties who intend to marry. In this agreement, special arrangements and specifications are made regarding each party's assets. A prenuptial agreement is used by couples who are entering a marriage and intend to keep their pre-existing assets solely in their possession. Should the couple later choose to divorce, the assets of the parties will be protected from seizure or division by the other. When two people marry and do not have a prenuptial agreement, if a divorce is sought later, the assets are divided equally or as ordered by a judge. If one party had several assets, such as a house, car and land, while the other spouse had no assets, after the divorce ruling, the spouse who previously owned nothing could be awarded one or more of those assets held by the other spouse. To avoid an undesirable division of assets in the event of a divorce, one party may elect to propose a prenuptial agreement. Any signed and written agreement is considered binding, but for the sake of fully protecting assets, the party desiring the agreement should contact an attorney to draw up the legal forms. There are sometimes exclusions and other specifications that must be listed in a prenuptial agreement for certain things that require a solid agreement; without solidity, the agreement may be permeable for the other spouse to manipulate and obtain belongings. Some couples choose to enter into a civil union instead of formal marriage; prenuptial agreements are binding in these unions also. Prenuptial agreements may include specific instructions about most things, but there are several items that are not allowed to be included. Illegal provisions, those that contribute to the event of a divorce and custody of children are all things that are not allowed to be placed in a prenuptial agreement. Some states do allow specifications to be made about alimony in the event of divorce. Contrary to popular belief, wealthy individuals are not the only type who use these agreements. Prenuptial agreements may be used by anyone who feels they have possessions of value that they want to be protected. Considered a preventative measure merely in protecting one's own assets, a prenuptial agreement is not a tool for creating division or harsh feelings. Couples are encouraged to use these agreements before getting married and consulting an attorney to assist in document preparation.


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.


What are the ways to dissolve a marriage?

Once a couple has been married, the only way to dissolve the union is through a divorce or an annulment. In the event of a divorce, both spouses are entitled to an equitable property division and child support as well as the possibility of alimony. To ensure a specific division of property is followed, most couples typically enact a prenuptial agreement.


What is an ad-hoc agreement in trading?

An ad-hoc agreement in trading is one that is done for a specific purpose. Generally, this is a temporary agreement to accomplish a trade that couldn't otherwise be handled.


What is a spate agreement?

An agreement is a compromise or understanding between two parties concerning a specific set of details. A spate agreement is when the two parties agree exactly with no need for compromise.


A paper that has signatures from neighbors that agree to do something?

It would be generally called an agreement. To be more specific it would depend on the subject of the agreement.


In North Carolina if you have a separation agreement then move back with the spouse for a week does that make the agreement non-void?

Not unless there is some specific language in the agreement that forbids it...and I doubt there is any such language.


I mainly want to know what a sample lease agreement is and what the advantages of this type of agreement are.?

A sample lease agreement is a template of a rental agreement that leasers can use to customize their own contracts. A sample lease agreement isn't necessarily a specific type of agreement in and of itself; rather, it is an example of a typical agreement that you can use so you don't have to write yours from scratch.


Can you have three dogs?

Yes, as long as there are no local by laws or specific prohibitions in your tenancy agreement.


Can an employer decrease your wage in Indiana?

Sure can, Unless you have a specific wage agreement contract.


If a wife spends her money on her husbands medical treatment does it constitute a debt of husband?

The prevailing legal view in civilized countries is that marriage is a joint endeavor and that the husband and wife should in general feel that there isn't "your money" and "my money", there's just "our money". So no. If there's some kind of specific prenuptial agreement intended to keep things separate, then it might, if there was a specific intention that it was a loan rather than a gift. If so, it should be in writing. It's kind of heartless ("Yeah, I know you were going to die otherwise, and I'm frankly okay with that; where's my money, chump?"), but there you have it.