Missouri Model Letter to Client regarding Antenuptial Premarital Agreements - informational
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How to fill out Model Letter To Client Regarding Antenuptial Premarital Agreements - Informational?
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FAQ
Unlike many states, Missouri has not adopted the Uniform Prenuptial Agreement Act (UPAA). Rather, the enforceability of prenuptial agreements in Missouri is guided by statutes and case law. As a general matter, a prenuptial agreement must be in writing and signed by both you and your future spouse to be enforceable.
Missouri's legal system encourages people to reach their own agreements through contracts. With some limited exemptions, couples can count on properly written prenuptial agreements to minimize issues in the case of divorce and specify rights upon death.
5 min read. . A prenup, or prenuptial agreement, is a contract between two people that's created before they get married. It typically lists each person's assets, debts, and outlines how they'll be handled should the couple divorce later on. Prenups can be a valuable financial tool.
A prenuptial agreement will be able to protect any assets you believe should not be split should your marriage end in a divorce. Furthermore, if you own a business, a prenup will make sure that your future partner is not able to claim some kind of ownership in a divorce.
You might feel like a prenuptial agreement will destroy the romance in your relationship. Creates distrust ? Although future spouses might trust each other, a conversation about a prenup can create distrust in the relationship. It might stir up strong negative emotions and create tension.
With the common belief that signing a Prenup encourages a couple to divorce, it can be said that this thought process is both true and mythical. As the research explains, each couple's independent view of a prenuptial agreement is a determining factor on their marriage longevity.
Keep your finances separate If you're considerably wealthier than your partner, a prenup is a good step towards ensuring that your partner isn't marrying you for your money. If you earn more than your partner, then a prenup can be used to limit the amount of alimony payable in the event of a divorce.
