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4 Things You Need To Do Before Signing A Prenup
March 14th, 2016 1:37 PM

Prior to jumping the broom and saying “I do,” some couples decide to have a contract set in place that protects themselves and their assets. Though normally associated with the wealthy, these documents are now reaching couples across the financial latter establishing a more precautionary future. In order to prevent an unfair or unenforceable agreement, follow these 4 steps when constructing a contract with your attorney (which, by the way, you both need separately.) 

1. Negotiate Terms 
If your partner asks you to sign a prenup, keep in mind that this is not a “take it or leave it” type of situation. You have the right to make changes and ask for compromises so that it reflects the interests of both parties.

2. Ask Questions
Raising questions is an indication that a person has read the document, which prevents any uncertainty about the contract. It’s best to be extremely transparent about the terms of the clause. This understanding, in turn, promotes positivity within the marriage.

3. Have Your Valuables Appraised
As stated, a prenup is most commonly designed to protect the spouse with greater assets from losing an unfair part of wealth in the event of a divorce. Therefore, disclosing real estate and any other valuable items when meeting with your attorney will assist in preserving what’s actually yours.

4. Read The Contract Carefully
We’re sure you’ve heard that a person should never sign a document without properly reading it over. One may end up agreeing to things they dislike, or even fail to realize what they could potentially be giving up. 

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Posted by on March 14th, 2016 1:37 PMPost a Comment

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