Advice On Prenuptial Agreements
For those who have current or future wealth to protect or who may be getting married for the second or third time, the agreement of a marriage contract could be an essential part of the “Wedmin” that brings to light. Can I indicate in the marital agreement how the divorce proceedings can be conducted by both parties? This should show how important it is to organize your wedding carefully and to always rely on experienced legal advice when entering into marriage contracts. We suggest that if you wish to have a conjugal agreement, this should be an early part of the marriage planning or civil status ceremony. Even a relatively simple deal can take some time to summarize, and it is best to get the prenup completed and be filed several weeks (ideally months) before the big day. Similarly, international couples who settle in Britain and have previously signed a foreign marriage contract should seek advice on the likely validity of this contract in the event of adultery and divorce in the United Kingdom. They may have to enter into an additional post-asset agreement in the UK to protect their assets. You are much richer than your partner – A marital agreement can protect your existing property from becoming a communal or marital property. Now that you have found someone to represent you, also ask your future spouse. “It`s really important that both parties have their own lawyers to advise them specifically on the terms and provisions of the agreement,” said Raymond Hekmat, a Beverly Hills lawyer who specializes in prenupes. And not just any lawyer, but someone who understands family law. “Some people go to business lawyers or estate planning lawyers, and many of these prenuchers lack the nuances of family law that are important to include them in a valid marriage agreement,” he adds.
Now that you have a better idea of whether a marital agreement suits you or not, it`s time to delve a little deeper and learn what can and cannot be included in your pre-marital contract. Here too, many people mistakenly think of marital agreements as a weapon that can be used in divorce proceedings. But there are strict rules on what may or may not be included in a pre-marital contract, and non-compliance with these rules can lead to the contract being concluded if challenged in court. Many people who enter into a marriage pact will review it periodically and confirm their agreement in the form of a post-uptial agreement. The legal framework is very similar in that they are likely to be respected by the courts in the event of divorce, as long as certain conditions are met.