Prenuptial Agreements Protect Assets
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Prenuptial Agreements Protect Assets
Many people associate prenuptial agreements with the very wealthy. However, the need for prenup contracts is not limited to those who have amassed significant wealth. People from a wide variety of socioeconomic backgrounds choose to draft and sign prenup forms prior to marriage.
Even though completing legal documents regarding what will happen when or if a marriage ends isn't the most romantic aspect of preparing for a wedding, a prenuptial agreement can be very beneficial.
There are many circumstances under which prenuptial agreements are advisable. Individuals who have children or who have accrued assets on their own often choose to enter into a prenuptial agreement when getting married.
Prenuptial agreement forms can be very beneficial for those with significant assets, such as:
- Business ownership
- Expectation of Inheritance
- Home ownership
- Retirement funds
- Stocks, bonds, mutual funds
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