Prenuptial Agreement - Prenuptial Agreements - Prenuptial Forms - Prenuptial Contract - Legal Forms - Prenup
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To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
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Couples Choose to Alter Spousal Rights Provided by Law. Couples choose to alter their statutory rights for a number of reasons. Some people simply wish to have certainty as to Property rights and maintenance payments upon a potential divorce. By entering into a Prenuptial agreement, they eliminate much of the financial uncertainty associated with a divorce. A fairly negotiated Prenuptial agreement can provide some assurance to the wealthier spouse as to the extent of the financial impact of a divorce, while at the same time, providing the less wealthy spouse with some guarantee of his or her entitlement to a Property distribution and/or maintenance upon a divorce. People who have children from a previous Marriage may wish to protect their assets for the ultimate benefit of their children. They may view a Prenuptial agreement as a means of protecting their assets in a divorce for the benefit of their children. A Prenuptial agreement, which addresses the rights of a surviving spouse upon the death of the other spouse, can protect the deceased spouse's estate for the benefit of descendants. Sometimes parents encourage their adult children to enter into a Prenuptial agreement in order to protect assets owned by the child, which were accumulated by previous generations. Usually, a wealthy family wants to ensure that assets, which have been gifted to adult children, do not become vulnerable to the spouse in a divorce situation.
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