10 Things You Need To Know About Prenups"

Forbes had a good article recently highlighting 10 things that are important to know about Prenuptial Agreements. Here are a few of them -

"Full disclosure is required. Typically, the parties also have to fully disclose their assets. That is not hard to do here since one can google each of the parties and find out their estimated net worth. But in many states it still needs to be set forth in the agreement. Also, some states look at each party’s expected inheritance. One day Hailey may inherit money from her famous dad, Stephen Baldwin, or from any of her well-known uncles, and that expected inheritance might need to be disclosed in the prenup.

Think ahead. Presenting your intended with a prenup the week before the marriage is not good practice, and in some states could be used to overturn the prenup. For that reason, the idea of a prenup should be raised long before the marriage."

The full article is here.

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