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Get a Prenuptial Agreement before Your Next Marriage  by: Jeffrey Broobin While signing a prenuptial agreement can be one of the all-time romantic turnoffs, for people heading into their second marriage, a prenuptial agreement can give the trade-off of a better relationship through the security of financial and life planning. A prenuptial agreement is a legal contract between two people about to marry, specifying how assets will be distributed in the event of divorce or death. A prenuptial agreement is a good idea, even if you aren’t rich or own a home. It saves future arguments and can even save you money. A prenuptial agreement requires that each partner prepare an inventory of assets owned before the marriage, and it allows you to establish your separate priorities about those assets. Even if you do nothing more than that in your prenuptial agreement, this gives children from a previous marriage a chance to have half of that property and establish what belonged to Mom or Dad before the second marriage, and it establishes what you're taking with you should you leave the marriage." Statistically, second or third marriages are more likely to result in divorce than first-time unions. Because of this, a prenuptial agreement is an especially wise idea. A prenup is important if one of you is wealthier than the other. If you have assets such as a house, stock or retirement funds, you should have a prenup. A prenuptial agreement is essential if you own part or all of a business. A prenup can discuss your wishes if you may be receiving an inheritance. If you have relatives who need to be taken care of, such as disabled children or elderly parents, a prenuptial agreement is very important. If you expect to receive a big increase in income because of a growing business, a prenuptial agreement can address this issue. A prenuptial agreement is essential if you have children and/or grandchildren from a previous marriage. We recommend that each partner draw up a list of assets. Furthermore, for professional couples, prenuptial agreements can be the ultimate protection against all-too-common lawsuits or medical malpractice suits. You can't predict all of your life events, and prenuptial agreements are a means of keeping your own assets safe in the event of any financial problems that your spouse may experience. Note that Legal Helper Corp. - http://www.legalhelpmate.com/prenuptial-agreement.aspx - provides an easy-to-use, quick, and economical online method for creating Prenuptial Agreement (Premarital). About The Author Jeffrey Broobin is a free-lance writer on family and finance issues; his main goal is to help people during their complicated period of life. Website: http://www.legalhelpmate.com Email: jeffreyb@legalhelpmate.com This article was posted on September 19, 2004   View More Videos from the "Legal" category: How Overtime Pay Works Incarceration Guide - Boot Camp Part 1 How to Give References Minor Planning Mistakes   Read More Articles from the "Legal" Category: Product Liability Law - Propulsid by Christopher Mellino Is There a Minimum Amount of Debt Required to File Bankruptcy? by Jeffrey D. Larkin How to Read the Claims of a Patent by Andrew Schroeder Accident Lawyers Require Particular Experience for Auto by Ray Henke Nigerian Scams – Finally Going To Jail by Richard A. Chapo Your Most Personal Document by News Canada Different Types of Lawyers for Different Types of Problems by Sarah Matthews Business Licenses Required to Legally Start Your Business by Elias Stassinos Living Trusts Provide Valuable Estate Planning Benefits by Bernard Krooks Proven Processes of Resolving Business Disputes by Lala C. Ballatan << Back to "Legal" Index

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