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Oklahoma Organizing your Personal Assets Package

Category:
Personal Planning
State:
Oklahoma
Control #:
OK-P086-PKG
Format:
Word; 
Rich Text
Instant download
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Description

With this Organizing your Personal Assets Package, you will find the state specific forms that are necessary to organize your personal and financial affairs and achieve your financial goals. This package contains forms that are essential for analyzing your budget and planning for your spending and savings needs. Forms included also allow you to organize your important documents, ensure accurate record-keeping, and minimize time and expense involved in dealing with emergency situations. If purchased separately, these forms would be valued at $97.50. Save over 48%!



Included in your package are the following forms:


  1. Cash Flow Statement

  2. Retirement Cash Flow

  3. Personal Monthly Budget Worksheet

  4. Personal Property Inventory

  5. Personal Planning Information and Document Inventory Worksheets - A Legal Life Document

  6. General Durable Power of Attorney for Property and Finances Effective upon Disability

  7. Sample Letter for Request for Credit Report

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FAQ

Waiving Spousal Support If it is agreed that neither party is entitled to spousal support than both parties can agree to waive the support or not claim it at all.

In most jurisdictions, having a prenup in place can help the breadwinner spouse avoid having to pay alimony to the other in the event of a divorce. In order to ensure this occurs, it's important that your prenup clearly states that there will be no award of spousal support to your ex in the event you divorce.

The answer is yes. You can waive alimony in a prenuptial agreement; however, it must be done with the significant caveats and disclosures and there is never a 100% guarantee.However, if the waiver of alimony would leave the spouse needing government assistance, the court can and will set aside the waiver of alimony.

An alimony waiver means that you and/or your spouse agree that no award of support, maintenance or alimony will be made by the Court at the time of the divorce. If you waive alimony at the time of your divorce, you are also waiving any claim for past or future alimony.

If you have been ordered to pay spousal maintenance to your ex-spouse and you have lost your job or have become unemployed, you cannot simply stop making your maintenance payments. Instead, you must petition the court for a modification of your spousal maintenance order under A.R.S. 25-327.

2. Prenups make you think less of your spouse. And at their root, prenups show a lack of commitment to the marriage and a lack of faith in the partnership.Ironically, the marriage becomes more concerned with money after a prenup than it would have been without the prenup.

The three most common grounds for nullifying a prenup are unconscionability, failure to disclose, or duress and coercion.Duress and coercion can also invalidate a prenup. If the prenup was signed the day before your wedding, it may appear that the parties didn't have much time to fully review the agreement.

Under California law, spousal support can be waived by a person prior to the marriage in a prenuptial agreement.The future spouse must have independent legal counsel at the time of signing the prenuptial agreement and the terms must be conscionable at the time of signing.

A prenup can protect the rights and obligations of both parties with respect to property. If one party owned a house before marriage, the prenup could include a provision stating that this spouse would be responsible for all costs associated with the maintenance of that property.

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