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Started Dec 04 2012, 16:18
Posts: 1473 |
Dec 04 2012, 16:18
A prenuptial agreement, usually shortened to "prenup," could be a legal agreement entered into by Associate in Nursing engaged couple before being married. It provides for Associate in Nursing specified distribution of assets if the wedding ends in divorce. the same agreement referred to as a postnuptial agreement is signed once a handful is already married. Domestic partners can also have a inhabitancy agreement.
A prenuptial agreement usually has what's referred to as a "sunset" clause. This sometimes implies that that it becomes invalid once a precise such period of time, or once the man and wife has had a toddler. Sunset clauses vary from state to state. If the sunset clause is unheeded, the agreement is void. Some couples then construct a postnuptial agreement to alter the terms of their married agreement.
In the US, prenuptial agreements should meet 5 needs to be binding. they need to be written: oral prenups don't seem to be allowed. The sign language of the agreement should be voluntary on behalf of each parties, and should occur before a official. It may be invalid if one partner fails to disclose one thing vital, and marries beneath false pretenses. Lastly, the agreement can't be virtuously or ethically unconscionable.
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