Downside of Lack of Prenuptial Agreement

If there is one thing to note regarding the consequences of not having a prenuptial agreement is that your local state laws will have to resort to the equal distribution of the property. Although this might sound fair, there are those who would prefer to retain ownership of some properties that have become more of a family heirloom. Thus, a prenup agreement is a practical tool to consider. The following are some of the rights of each spouse:

• Right to retain ownership of the properties;
• Right to divide the property according to the agreement;
• Right to be assigned equitable debts according to financial capacity;
• Right to be supported by the other spouse;
• Right to be gainfully employed in the chosen field

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