The truth is that marriage is not only a romantic relationship, it is also a kind of business relationship. This dual nature and purpose of marriage has led to the growing recognition that a conjugal agreement (also considered a pre-marital agreement or prenup, in short) can be useful in protecting the financial interests of each spouse. Now that mixed families are becoming more frequent and women have the same potential for compensation, a court is more likely to maintain a prenup. If the agreement is understandable and both parties have had the opportunity to negotiate, if necessary, with legal assistance, a prenup can be an important legal instrument. Couples who wish to enter into a marriage pact should first list all their individual assets and decide how they wish to distribute them in the event of a divorce. Lee Huffman, a travel bonus credit card expert at BaldThoughts.com, married his wife Anna 10 years ago. Ken arrived at LegalMatch in January 2002. Since his arrival, Ken has worked with a wide range of talented lawyers, paralegals and law students to make legalMatches Law Library a complete source of written legal information in a way that is accessible to all. Prior to arriving at LegalMatch, Ken practiced for four years in San Francisco, California, and handled a wide range of cases in areas as diverse as family law (divorces, child care and support, paternity), real estate (property, landlords/tenants for residential and commercial real estate), criminal law (offences, misdemeanours, youth, traffic offences), assaults (car accidents, medical misconduct, slip-ups, slippers and business), maintenance (registration contracts, copyright and trademark registration, licensing agreements), labour law (wage claims, discrimination, sexual harassment), commercial law and contracts (breach of contract, contract conclusion) and San Francisco Ken has a J.D.
from the Golden Gate University School of Law and a B.S. in Business Administration from Pepperdine University. He is licensed as a lawyer before the State Bar of California and the United States District Court for the Northern District of California. Ken is an active member of the American Bar Association, the San Francisco Bar Association and the California Lawyers for the Arts. A prenuptial can protect children. This is especially true for people with children from a previous marriage. Under state law, these children could lose their wealth if their parents die and there is no agreement. In many places, all fortunes could end up going to his spouse. Children from a previous marriage can be included in the marriage agreement to ensure that they receive assets if something happens to their parents. The main point, which goes beyond all the pros and cons of a prenup, is that it is there to offer protection.
This is a wise decision for anyone who has a fortune to protect or wants to make sure they don`t “lose” because of a divorce. Whether you or your partner needs protection, the super egg treaty provides for this. While some are considering discussing marital agreements as signs of a lack of trust, this issue can actually help couples communicate and negotiate important issues in a relationship. There are few topics that are more important for a stable marriage than finances. If the prenup has been poorly formulated or if a party`s financial situation has changed radically since the first preparation of the contract, the result of a prenupe could be unbalanced.