Connecticut residents might be interested to hear some prenuptial tips that were discussed on ‘Fox and Friends.” According to ‘Fox and Friends,” approximately 45 percent of first marriages end in divorce, and most first marriages do not have prenuptial agreements. In fact, most people who do get prenuptial agreements fall into one of two categories. They are either people who are on their second marriages or people who are getting married later on in life.
According to the legal analyst for Fox news, the most important part of drawing up a prenuptial agreement is for there to be total disclosure of both parties’ assets and liabilities. The analyst went on to advise that both parties should each have their own lawyers as well and not the same one. Prenuptial agreements can help make the division of property easier in the long-run if a couple does ever decide to dissolve their marriage.
Prenuptial agreements can have clauses stipulating nearly every aspect of a marriage from how much one person can weigh to who gets what if the couple ever decides to split. Common stipulations in prenuptial agreements specify what assets and liabilities each person retains if they get divorced as well any stipulations toward alimony and child custody and support. Some people put sunset clauses in their prenuptial agreements as well, which are basically clauses that make the agreement void if certain conditions are met. For example, a couple can agree that their prenuptial agreement becomes null and void if they have a child together or if their marriage lasts longer than a specified amount of years.
Family law attorneys might be able to help people draw up prenuptial agreements that both parties can agree on. They might also be able to help ensure that the terms or the agreement are clear, concise and fully understood by both parties.
Source: Huffington Post, “Prenup Tips: ‘Fox And Friends’ Tackles Prenuptial Agreements“, July 18, 2013