4 Basic Essentials of a Prenuptial Agreement
A prenuptial agreement, usually abbreviated as prenup is a written contract created by two people prior to marriage. The agreement can vary, but typically made to protect the assets of both parties in the event of breakup of marriage or divorce. Premarital agreement is not only for the rich and famous. Nowadays, it is becoming a norm, a modest means used to specify and protect what each person's property rights as well as any debts will be after the marriage. Here are the basic essentials of Prenuptial agreement: Make a Valid Prenup Each state has its own laws regarding the enforcement and validity of prenuptial agreements. So, if you do not want your private agreement to be thrown out down the road, the first move is to get your own counsel. If you are living in Southern Minnesota you can seek the advice of the family law attorney in Mankato, MN . It is highly recommended for both parties to be represented by independent lawyers to successfully carry out a...