Mandatory prenuptial agreements
Harvard study promotes mandatory prenups.
Those who believe that prenup is a provision against the negative outcome of marriages should find this article an eye-opener. The recent study by Heather Mahar of the
With five out of ten marriages going bust, a good prenuptial agreement can improve the chance of a successful marriage. A prenup should not only guard the assets, it should protect the marriage.
The least convincing reason for average American couples to prefer prenuptial agreements, since most couples do not enter marriages with significant assets.
Mahar argues that the division of assets is "the least compelling reason for average American couples to consider prenuptial agreements, since most couples do not enter marriages with significant assets." However, she finds that "for couples who choose a traditional partnership, with one spouse exiting the workforce to raise children, agreeing in advance about how to divide assets earned during a marriage or potential future earnings can protect the stay-at-home spouse against divorce laws, which have generally eliminated long-term alimony."
The procedure of creating a prenup acts as form of premarital counseling, making couples talk about what kind of marriage they want, and what legal implications there will be if one spouse veers off course. Mahar recommends mandatory prenuptial agreements, and using LawDepot.com's online prenup as a couple can make the process easier.
Courtesy:www.prweb.com

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