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What to Do Before "I Do" takes the potentially unromantic idea of a prenuptial agreement and makes you see its importance to your relationship. Proper ...
What to Do Before "I Do" takes the potentially unromantic idea of a prenuptial agreement and makes you see its importance to your relationship. Proper planning will answer questions such as-
Will your child continue to be cared for in the manner you wish if you pass away?
Is your fiancé's debt your responsibility?
Can your wife claim your premarital property in a divorce?
People often enter marriage with only a vague understanding of their partner's financial status. Even if you decide against a prenuptial agreement, after reading this book, you will realize how important it is to go into a marriage with your eyes wide open.
A Quick Note to Readers
Chapter One. For Richer, For Poorer:Debt and the Married Couple
The Deal with Debt
Know What You are Getting Into
Chapter Two. For Better, For Worse: Till Divorce Do Us Part
The State of Divorce
The Grounds for Divorce
The Basics of Marital Property Division
Understanding Marital Property
Understanding Separate Property
The Division of Marital Property
Special Categories of Marital Property
Chapter Three. Till Death Do Us Part: Prenups and Estate Planning
An Overview of Estate Law
Dying Without a Will
When Your Spouse Can Rewrite Your Will
Chapter Four. Writing Your Own Vows: The Prenuptial Agreement
The Upsides of Prenups
The Downsides of Prenups
When You Should Seriously Consider a Prenup
Chapter Five. Doing it Right: Seven Rules for a Rock-Solid Prenup
Rule #1: Put your prenuptial agreement in writing and make sure you and your spouse-to-be both sign it
Rule #2: Hire a lawyer to advise you on your prenuptial agreement and make sure that your spouse-to-be does the same
Rule #3: Provide your spouse-to-be with the complete details of your personal finances and ask for the same in return
Rule #4: Do not force your spouse-to-be to enter into a prenuptial agreement
Rule #5: Take care of your prenuptial agreement well in advance of your wedding
Rule #6: Make sure that your prenuptial agreement is fair to your spouse-to-be
Rule #7: Update your prenuptial agreement regularly during your marriage
Chapter Six. Anatomy of a Prenup: Topics to Consider
Money Management Provisions
Lifestyle and Other Miscellaneous Provisions
Chapter Seven. Putting It all Together: A Sample Prenuptial Agreement -
An Introduction to Zack and Skye
Zack and Skye's Financial Disclosure
The Terms of Zack and Skye's Prenuptial Agreement
The Final Document: Zack and Skye's Prenuptial Agreement
Chapter Eight. After the Honeymoon: A Postscript about Postnups
When to Consider a Postnup
Appendix A. State-by-State Summary of Probate Laws
Appendix B. State-by-State Summary of Divorce Laws
About the Author -
Posted May 2, 2009
This book opened my eyes to a lot of situations that need to be considered before you make that decision of your life. It deals with before the marriage, during the marriage, and after the dissolution of the marriage either through divorce or death. Anyone considering a long-term live-in relationship, regardless of net worth or assets, should read this book.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted April 6, 2008
BIG UPS TO THIS BOOK!!! This book gives you examples in understanding what each section of a prenuptial agreement means 'just in case you don't understand the legal terms/meaning'. Very easy read and it opens your eyes to laws and rights you may not have even known you had. Thumbs UP!!Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.