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Started Dec 09 2012, 21:35
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Dec 09 2012, 21:35
Before you and your loved one seek legal help, the two of you should decide what the goals of your prenuptial agreement should be and what you hope to accomplish from this document. You and your loved one should consider hiring separate attorneys to protect each of your assets.
Negotiating with a loved one can be extremely difficult, and it can be made easier with the help of facilitators. Hiring lawyers is expensive, but you should have a third party present, specifically a person who is not biased toward you or your loved one.
Go into prenuptial agreement negotiations knowing what you want to gain. Before you begin the process, you should know what you are willing to give, what you can compromise on and where you will not budge. Think about what assets are especially important to you. If your family has had a piece of property in the family since the Civil War, if you own a property and collect rent or if you own a business, then you might think about making these assets off limits to your ex in the event of a divorce.
Additionally, think about what you expect to earn in the future. If you are finishing law school, this is an investment you should think about when prepping a prenuptial agreement. Also, you and your loved one should look into state laws, and a lawyer can help explain the details. State laws will determine the parameters of your prenuptial agreement. For example, some states say that spouses can claim a percentage of earnings from degrees, licenses and partnerships.
ID#12637790
Nila R
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