Marriage is a bonding, marriage is also a social contract. Prenuptial agreement is a common legal step or agreement entered into by both the parties before marriage. A prenuptial agreement determines the rights related to finance or property of both the partners in case of divorces. This sort of agreement is often necessary to protect the possessions of an affluent spouse.
What is the need of Prenuptial Agreement ?
- To protect the wealth of a rich partner
- To define the terms in which the property will be divided or passed on in case of death of a partner
- To pronounce terms in which the property will be divided in case of divorce
- In case one spouse is having well-established business, Prenuptial agreement will protect the same so that the venture remains undivided.
The future is always unpredictable. This sort of legal agreement is always important to protect the events of ones future. One can learn more about the issues related to this legal agreement from Turlington Law. A creation of David Turlington, this law firm handles family law with utmost intelligence and care.
Prenuptial agreement comes with few disadvantages as well. It will deny the right of one spouse to inherit any property after divorce, if stated in the agreement. A notable fact of prenuptial agreement is that, the lower earning spouse may not be able to retain the same lifestyle after divorce, as prenup limits the amount of spousal support.
To understand the pros and cons in details, it is better to talk to experts from Turlington Law, to know if all the interests and rights have been covered while drafting the agreement. A law firm will also guide you to understand what is good fr you and what is not. Why you should agree to few points and from what you should keep away. A thorough review is very important, as this involves the future.
David Turlington has created The Turlington Law Firm to help people understand law and to handle critical cases. Their expertise is not limited to family law, the experts in Turlington Law Firm specializes in wide range of matters like DUI, Child Custody, Divorces, Traffic Violation, Construction Law and many more.
According to the experts is always advisable to consult a law firm before signing such agreements, as critical points might not be very clearly explained. One must be aware of the facts that a prenuptial agreement can never pronounce any terms related to child support payment. A prenup can never pronounce any term related to the custody of an unborn child. In in form, a prenuptial agreement can never promote divorce.
There are few things that the lawyers know the best. Don’t hide anything while discussing this matter with the law firm. Turlington Law Firm suggests you to discuss openly. Shying away from delicate matters like prenuptial agreement will only make matters worse. Trust your law firm to protect your interest and act with secrecy. In case of any misunderstanding communicate with your law firm to understand better. Turlington Law Firm will guide you in every step.