Lifestyle
Questions to Ask Your Partner Before a Prenuptial Agreement
Making a prenuptial agreement before hitting seems like an added effort; it is important for many couples. Such agreements come in handy if the marriage does not go well and leads to dissolution. Before signing the contract, both parties must read the agreement and ask all relevant questions. If you and your partner are going ahead with the prenuptial agreement, you must be confused about what questions to ask. This article highlights the top 5 questions you must ask your partner. Click to learn more!
Important questions to ask your partner
1. Mention different assets are included in the agreement
A Prenuptial Agreement must include all marital and personal assets. It includes:
- Real estate
- Stocks
- Bonds
- Cars
- Jewelry
Before marriage, discussing who owns which property and other assets is important. Further, discuss how things will be restricted in the event of unfortunate demise.
2. How will all the debt be handled?
Debt like mortgages and student loans should be discussed in the prenuptial agreement. Individual debt should continue to be borne by each person, but it’s crucial to discuss specifics. This includes how any joint debt accrued during the marriage will be divided.
3. What if one of the partners dies, unfortunately?
While making the prenuptial agreement, you must discuss what will happen during the event of death. It includes everything from who is going to inherit particular assets to the responsibility of paying debts and handling joint accounts.
4. Will spousal support be included?
Either side may ask for alimony, sometimes referred to as spousal support, if the other is unable to support themselves financially following the divorce. All of these details ought to be addressed before reaching an agreement.
5. What if your marriage dissolves and both of you get a divorce?
By any chance, your marriage leads to divorce, the prenuptial agreement about the division of the property and assets. It includes physical possessions, bank accounts, investments, and other financial obligations. This is an important question to discuss, so it is not fair for any partner.
Wrapping Up
Before you make a prenuptial agreement with your partner before get married, make sure you ask these questions to them!