When couples get married, there are several agreements they make. One of them is the prenuptial or post-nuptial agreement. These agreements give the couple peace of mind and protect against legal issues in separation or divorce. A prenuptial agreement is a legal document that abides both partners once they wed. However, a post-nuptial document can be signed anytime during their marriage. The primary purpose of these agreements is to set every partner’s responsibilities, obligations, and rights in case of separation or divorce. The couple agrees and can modify the deal as they wish. It is crucial to note that a marriage contract differs from a prenuptial or post-nuptial one. Here are vital things you should know about prenuptial and post-nuptial agreements.
The Inclusions in the Prenuptial or Post-Nuptial Agreement
The couple decides upon the inclusions of the agreement based on their wishes and needs. Generally, the documents describe property division in case the couple separates or divorces. It includes marital and separate properties, investments, retirement accounts, and other assets. The agreement can also involve child support, alimony, and other arrangements. It is good to consult Younce, Vtipil, Baznik& Banks, P.A. to know what to include in the agreement and how to calculate support and property during division. It is crucial to note that there are different kinds of prenuptial and post-nuptial agreements. The arrangements are customized to meet the wishes and needs of the spouses.
Why Take a Prenuptial or Post-Nuptial Agreement in Raleigh, North Carolina
Taking a prenuptial or post-nuptial agreement can be good for couples in Raleigh. The agreements provide peace of mind over assets and finances. Every team knows the share they will get if they separate or divorce. Furthermore, these agreements help divorcing couples avoid the tedious, time-consuming, and costly court processes over property division and other aspects. Moreover, the couple gets to divide the money they have earned during their marriage fairly.
Things to Check on When Creating the Agreement
Couples must consider several crucial things when creating their prenuptial or post-nuptial agreement. First, both partners must ensure equity when sharing property. That means the deal should serve the interests and needs of both. The couple should also ensure the agreement is legally enforced to avoid issues. They will need a lawyer or go to court to implement their arrangement. Couples should also execute the agreement.
Things to Avoid During the Creation of a Prenuptial or Post-Nuptial
Now that you know the things to consider when creating the agreement, it is also vital to know what to avoid. Avoid including items that are punitive or overly restraining. The couple must also avoid making agreements without legally binding them. Another mistake people should avoid when creating the arrangement is not consulting a lawyer. It is crucial to seek guidance from a legal counselor to create an excellent prenuptial or post-nuptial agreement.
Prenuptial and post-nuptial agreements are enforceable and law-binding in Raleigh, North Carolina. However, couples must note that they must meet requirements for the agreements to be valid and enforceable. Consult your lawyer to know what you need and how to complete the arrangements.