YES, that would be community property. Unless the prenup addressed that subject
Yes, unless otherwise stipulated in a Pre-nuptual agreement all assets and debts are shared by both.
No. Any debts incurred before marriage belong to the person who made the contractual agreement.
No. A spouse is not responsible for their spouse's debts that were incurred prior to marriage. The only debt that can be shared post-marriage that was incurred pre-marriage would be debt on an account that you became a joint account holder on after marriage.
Prenuptial Agreement(Download)______________, referred to as the prospective husband, and ______________, referred to as the prospective wife, agree:The parties contemplate marriage and desire to fix their respective rights and entitlements regarding each other's property. Each party herewith waives the right to:_______________________________________________________________.Share in each others estate upon death, whether by will, statutory right, statutory share, dower, curtsey, whether such right now exists by case law or by statute.To alimony, whether permanent or rehabilitative, separate maintenance, or other forms of spousal support, or division of property due to their status of marriage or former marriage.EACH PARTY IS AWARE THAT UNDER THE LAW, COURTS HAVE THE AUTHORITYTO IGNORE THIS AGREEMENT UNDER CERTAIN CIRCUMSTANCES IF ANY SPOUSE IS IMPOVERISHED AND THE OTHER IS NOT.To the sharing in the increase in marital assets regarding separate property during marriage.To sharing in any pension, profit sharing, government or military pension plan.Each party acknowledges an opportunity to consult with independent counsel of their own choice.Each party acknowledges that:They have made a full and complete disclosure of their respective financial conditions to the other prospective spouse.Each spouse represents to the other that they have adequate separate resources for their own support.This pre-marital agreement represents the entire agreement of the parties, and there are no representations others than those stated herein. This agreement may only be modified in a writing executed by both parties.READ CAREFULLY BEFORE SIGNING -- THIS IS A LEGALLY BINDING INSTRUMENT.Dated: _________________________________________________________________Prospective HusbandSocial Security Number:__________________________________________Prospective WifeSocial Security Number:Prenuptial AgreementReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is a straightforward Prenuptial Agreement that deals with the assets and earnings of the parties, only. No provision is made for dealing with any issue, or children, emerging from the marriage.Signing the agreement benefits both parties by providing clarity should the relationship dissolve. It benefits the party with more assets by clearly leaving the premarital assets in their hands. This is especially helpful for those people entering a marriage with a trust fund or other assets. The weaker financial party has less reason to sign the agreement.
Need a little more detail & also the rules are not the same in all States. Is this a divorce situation? How long has the property been owned? Was the property acquired before or after the marriage? Ws the property purchased or inherited? Is this a primary residence or a rental property? What State do you live in?
Assets acquired prior to marriage are usually protected from a divorce distribution.Assets acquired prior to marriage are usually protected from a divorce distribution.Assets acquired prior to marriage are usually protected from a divorce distribution.Assets acquired prior to marriage are usually protected from a divorce distribution.
In the Modern Western World the husband has no claim to his wife's property that she acquired prior to marriage. He may have rights as a surviving spouse under state laws of intestacy if she died without a will.In the Modern Western World the husband has no claim to his wife's property that she acquired prior to marriage. He may have rights as a surviving spouse under state laws of intestacy if she died without a will.In the Modern Western World the husband has no claim to his wife's property that she acquired prior to marriage. He may have rights as a surviving spouse under state laws of intestacy if she died without a will.In the Modern Western World the husband has no claim to his wife's property that she acquired prior to marriage. He may have rights as a surviving spouse under state laws of intestacy if she died without a will.
Yes. It is called "informal marriage." It as not as simple as living together for a period of time, as most people think. To be "common law", you have to have agreed to be married and after the agreement, live together in this state as husband and wife and there represent to others that you are married.
Marriage is a sacred institution in Islam. No man and woman can live together as husband and wife without proper marriage.
Generally, no. Texas is a community property state. Generally, any property acquired prior to marriage, and maintained as separate property during the marriage, is not considered community property. For more detailed advice you should consult with an attorney who specializes in divorce law.
The dream illustrates the old expression "marriage of the minds." It only means that the husband and brother have come to agreement about something. It also suggests some sort of contract or binding agreement between them.
A concession is an understanding or agreement between husband and wife so they can make their marriage work, prosper, and last for many years to come. A concession can also mean tit for tat. The husband gives the wife something and the wife gives something to the husband in return.
You have to see a lawyer about both of you signing a pre-nuptial agreement before the marriage.
I have seen bitterness that people can hold in a marriage. I am not married nor I am planing in any future, but if your husband is damaging the marriage, its time to act and get together. When forces act in anti-power the love gets stronger and better.
If he dies, the house should become soley her property unless othewise stated in the prenuptual agreement. If they have an agreement that she doesn't get the house and they break up, it would be up to him whether she stayed or not. It would not be her property if he owned it before the marriage. If it was purchased after marriage with money earned after the marriage then it would be upto them or the court to decide.
You should speak with an attorney in your jurisdiction who could review your situation and advise you of your options under your state laws.
Yes, unless otherwise stipulated in a Pre-nuptual agreement all assets and debts are shared by both.