What to cover in your prenup--Part 1

If you have smartly decided to get a prenuptial agreement before you marry, there are many areas you may want to cover. You can cover as few or as many of the items as you want. Some of the items may not be relevant to your situation. Be sure that if you follow the list, you will cover most of the key issues.

1. Decide how all of your debts will be handled. This includes those debts incurred before you are married and those incurred after you are married.

2. Make sure you disclose all of your assets, liabilities, sources of income, and any other potential future assets, such as gifts or inheritances.

3. Should you divorce or die, decide who will get your primary residence or any vacation  homes.

4. Determine what will happen to any assets or property you bring to your marriage. Normally, this will be separate property. But you need to agree with your soon-to-be, what will happen to any post-marriage appreciation, earnings, or proceeds of that property.

5. Figure out what will happen, if you divorce or die, to any assets or property you acquire after you get married.

Comments

[Kayla]

hi im going to school and i have an assignment i was wondering you could help me understand better i have to write a marriage contract i have never been married and i was wondering if you can give me some tips that will be great thanks