Why lawyers representing international clients who plan to marry should always consider the international ramifications of any proposed prenuptial agreement.
No-nups are useful in outlining up front who will keep certain assets and what will happen to assets that were purchased during the relationship, should they choose to end it. The agreement binds both parties.
Attorney Sanford K. Ain, business valuator Stuart Rosenberg, and legal editor Sylvia Golden discuss the role of prenuptial agreements in cases involving business owners and professional practices – ranging from law firms to start-up companies.
Because of the high percentage of divorces, people seeking to protect their assets in the event of divorce have several options that include, but are not limited to, a pre-nuptial, post-nuptial agreement and/or a Trust.
When writing a cohabitation agreement, most attorneys look to a pre-nuptial agreement as a model, since, even today, pre-nuptial agreements are far more common than cohabitation agreements. While it is true that there are many similarities between these two, it is also true that there are differences that could be fatal to the unwary practitioner.
By Cheryl I Foster: Religion does not come into most people’s minds when thinking about a prenuptial agreement. However, religion has become an increasingly important aspect as people contemplate a lifelong commitment to their economic partner and spouse.
With the advent of marriage equality, a same-sex couple will have the same reasons for thinking about whether to enter into a premarital agreement as an opposite-sex couple. There are additional reasons for same-sex couples to consider a premarital agreement, and several drafting issues require special attention. This article will address both aspects of same-sex premarital agreements.
The most common misconception of attorneys and parties alike is that the rule in California, commonly referred to as the “7 day rule,” requires the parties to sign the Agreement 7 days before the wedding. Oddly, the rule has nothing to due with the proximity of the signing of the Agreement to the wedding date.
Counseling clients contemplating a same-sex marriage is not business as usual for the family law attorney.