The Down Low on Prenuptial Agreements
by Peace talks
By Diana Mercer, Attorney-Mediator, Peace Talks Mediation Services, Inc., http://www.peace-talks.com/premaritalfaqs.php
She was spose to buy ya Shorty TYCO with ya money
She went to the doctor got lypo withya money
She walkin around lookin like Michael with ya money
Should of got that insured got GEICO for ya moneeey
If you aint no punk holla We Want Prenup
WE WANT PRENUP!, Yeaah
It's something that you need to have
Kanye West, "Gold Digger"
Between news coverage, soap operas and family drama, we all have some preconceived notions about Premarital Agreements (also know as Prenuptial Agreements). In some ways, talking about a prenup is even taboo. The more you know, the less afraid you have to be of joining your life with another person.
Here are a few of the most common myths about prenups:
Myth 1: Prenuptial agreements are only for wealthy people; my fiancé and I are not rich and so
we don't need an agreement.
Truth:You might not be rich now, but do you really have no goals for the future?
Myth 2: Prenuptial agreements are designed to simply protect the wealthier spouse and strip the other spouse of all of his or her rights.
Truth:One-sided prenuptial agreements aren't enforceable, so both sides are always protected.
Myth 3: Premarital Agreements Aren't Romantic.
Truth:There's nothing less romantic than getting divorced because you weren't on the same page with finances, kids, career plans and other life decisions before you got married.
Myth 4: Premarital Agreements must deal with every issue that might come up in a divorce.
Truth:Premarital agreements can deal with as much or as little as you want. Just a few issues, or everything under the sun.
Myth 5: If we don't get married, my live-in mate won't have any claims to my income or property.
Truth: Many states have laws and court cases which protect live-in mates so living together can sometimes create property rights for both partners.
The truth is that a carefully crafted premarital or prenuptial agreement Resources can cement your relationship, prompt you to have the hard discussions that engaged couples need to have, and insure that your finances are handled the way you each intend in the event you were to divorce or pass away prematurely. If you are interested in reading the facts that debunk the common prenup myths with examples from today's culture checkout http://www.peace-talks.com/facts.php.
It is really common in our culture to have some sort of "marriage encounter" program be part of an engagement. We marry for love and personal satisfaction and do not take the decision lightly. Ask a group of high school to raise their hands if they plan to get divorced and you will see few if any go up. In many ways, a prenup is simply a forum where you sit with a neutral third party and Discuss all of the important issues well In advance of your marriage. These frank discussions help solidify your relationship and make it less likely
that you'll ever need to use your premarital agreement or agreement. You'll have the help of a professional mediator who can help you tackle all of the issues. The mediators at Peace Talks are trained in mediation and communication, and can help you with your discussions.
The Top 10 reasons for a Prenup include:
1.Solidify your relationship.
2.The agreement reflects both parties' input.
3.You have the flexibility of taking time to consider your options and how a decision might
affect your future.
4.Because you participate in each decision, the outcome is tailored to your new family.
5.Part of Mediation is learning to communicate better.
6.Premarital agreement and prenuptial agreement mediation is confidential and private.
7.You choose the topics to discuss in mediation.
8.You can choose your mediator, and work with him or her as much or as little as you want.
9.It's the mediator's job to make sure that everyone gets a chance to express all of his or her concerns.
If you would like to learn more about any of these benefits, (insert link: see http://www.peace-talks.com/10tips.php).
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