6 Benefits of Signing a Mediated Prenup
Prenup Pros Blog
by Prenup Pros
7M ago
Mediated Prenup Agreements have several advantages over the traditional Attorney vs. Attorney approach 1. You can work together with one neutral Prenup Mediator to create their Mediated Prenup from start to finish. All conversations about the terms prior to and following the drafting of the Mediated Prenup can be open 3-way conversations between the couple and their Prenup Mediator. In contrast, when we are engaged to act as independent counsel for one partner to a prenuptial agreement, we generally cannot have any communication with their significant other and can only openly talk to our clie ..read more
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WHAT IS A MEDIATED PRENUP?
Prenup Pros Blog
by Prenup Pros
8M ago
A Mediated Prenuptial Agreement is a written premarital agreement that contains mutually agreeable, customized terms that a couple signs after working openly and collaboratively with a neutral private Prenup Mediator. Rather than having each partner hire their own attorney to negotiate the terms, the Mediated Prenup process allows both parties to voice their needs, motivations and concerns regarding the prenup, and avoid adversarial positions and hurt feelings. Partners work together with one neutral Prenup Mediator to create their Mediated Prenup from start to finish, and all conversations a ..read more
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Do We Both Need a Lawyer?
Prenup Pros Blog
by Prenup Pros
8M ago
No. Partners signing a Prenup can Waive their right to hire a Lawyer. Except for California where there are unique statutory requirements, partners signing a prenuptial agreement can waive their right to engage independent counsel to represent them. ​If you read the Uniform Premarital Agreement Acts of Florida, New Jersey, Virginia and Nevada, you will see that there is no requirement under any of those statues that one partner--or both partners—must hire a lawyer in order to be able to enter into a legally binding prenuptial agreement. In reality, people must have the right to waive their rig ..read more
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PRENUP FAQs: Top Questions about Prenuptial Agreements
Prenup Pros Blog
by Prenup Pros
11M ago
Updated 3/30/23 1. What is a Prenup? Prenuptial Agreements are contracts entered into by couples prior to and in anticipation of marriage, so they are commonly referred to as Premarital Agreements or Antenuptial Agreements. Because people generally use those terms interchangeably, I often just refer to them as Prenups. ​ A well-drafted prenuptial agreement sets the rules by which a married couple operates should they ever separate and/or divorce down the road. The purpose of a prenup is to set out the terms of the couple’s assets and debts, including property and future earnings and how they s ..read more
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PRENUPTIAL AND POSTNUPTIAL AGREEMENTS
Prenup Pros Blog
by Prenup Pros
11M ago
What is the difference between Prenups and Postnuptial Agreements? A prenuptial agreement is a written contract entered into by a couple prior to marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what rights they have when their marriage eventually ends. Prenuptial agreements are interchangeably referred to as premarital agreements or antenuptial agreements because they are written contracts that couples make before getting married. Like a prenup, a post-nuptial agreement sets forth the rights and obligations of each spo ..read more
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8 PROS of a Prenup
Prenup Pros Blog
by Prenup Pros
11M ago
8 Pros of a Prenup 1. After years of marriage, people often can’t trace what was theirs and what is joint marital property. With a prenup, each party can specify premarital property/assets to remain the separate property of their original owner throughout the marriage. ​ DID YOU KNOW...? A prenup does not prevent a spouse from voluntarily contributing their separate property to the marriage at any point—it just prevents that from happening accidentally. 2. The Pros of a prenup are many. Prenups preserve the expectations of the parties and prevent surprises and fighting in the event of a divorc ..read more
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PRENUPS ARE A HOT WEDDING TREND
Prenup Pros Blog
by Jeffrey Weaver
1y ago
The number of couples entering into premarital agreements has surged in recent years, and Millennials are leading the charge. (Updated August 8, 2021) Prenuptial agreements once had a negative stigma attached to them. In the old days, prenups protected the party with the most money, which often was the man and fostered resentment and fear within the marriage. However, the number of couples signing a premarital agreement before tying the knot has skyrocketed in recent years. These days, the stigma of entering into a prenup is ancient history, thanks in part to the many Millennials who have vie ..read more
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FIVE COMMON MYTHS ABOUT PRENUPTIAL AGREEMENTS
Prenup Pros Blog
by Jeffrey Weaver
1y ago
WEDDING PLANNING 101 - CONSIDER A PRENUPTIAL AGREEMENT A prenuptial agreement (commonly referred to as a premarital agreement) is a contract people enter into prior to marriage that establishes the essential property and financial rights of each spouse in the unfortunate event of a divorce. If you are engaged and trying to learn about premarital agreements, you may get advice and opinions from friends, family members, your hairstylist, or someone at work. Unless you have talked with a prenuptial agreement lawyer, there’s a pretty good chance that some or all of what you have heard about premar ..read more
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Every couple enters marriage with a prenup (of some kind)
Prenup Pros Blog
by Jeffrey Weaver
1y ago
(Updated on July 12, 2022) Whether they realize it or not, every couple enters into marriage with some kind of a prenuptial agreement. That may sound far-fetched, but it’s true. A prenuptial agreement is just an agreement that a couple makes before entering into the legal union of marriage. By the time they say “I do”, every marrying couple has agreed to either: (1) Let their marital and divorce rights be determined by default state laws; OR (2) Create and sign a written premarital agreement that allows them to take back control of their rights in a way that meets their needs. From a legal pe ..read more
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Pandemic Prenups amid COVID-19
Prenup Pros Blog
by Jeffrey Weaver
1y ago
The coronavirus delayed thousands of weddings this year, leaving couples more time to consider a prenuptial agreement. (Updated June 2, 2021) The coronavirus pandemic and the sudden involuntary confinement resulting from extended stay-at-home orders have had a profound impact on marriages across the country. People who were used to having their own space and daily routines had their lives turned upside down, as the pandemic forced couples to spend almost 24 hours a day living on top of each other. For some couples, the opportunity to spend more time together has enabled them to enjoy more inti ..read more
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