{"id":1570,"date":"2019-01-28T07:31:08","date_gmt":"2019-01-28T15:31:08","guid":{"rendered":"https:\/\/www.arwanilawfirm.com\/?p=1570"},"modified":"2019-01-28T07:31:08","modified_gmt":"2019-01-28T15:31:08","slug":"what-are-the-basic-elements-of-a-prenuptial-agreement","status":"publish","type":"post","link":"https:\/\/www.arwanilawfirm.com\/what-are-the-basic-elements-of-a-prenuptial-agreement\/","title":{"rendered":"What Are The Basic Elements of a Prenuptial Agreement?"},"content":{"rendered":"

One of the biggest mistakes people can make is assuming that they only need a prenuptial agreement if they are rich. In fact, there are a number of circumstances that warrant ensuring that you have a prenup in place, including but not limited to having children from previous relationship(s), personally-owned businesses, a significant amount of assets or debt, a significant age gap, and various other reasons.<\/p>\n

Regardless of your reasons, there are a number of guidelines that should be followed in order to ensure that the agreement is successful, as we discuss below:<\/p>\n

Keep It Fair, Simple, & Truthful<\/strong><\/p>\n

First and foremost, both partners must be completely truthful and disclose everything to each other. Each individual also needs to be represented by their own attorney in order ensure that the agreement is fair. Finally, although they can be crafted to fit your particular circumstances, prenups should also be kept as simple as possible. For example, it\u2019s best not to use a prenup to discuss what faith you want to raise your children in, where you plan to spend holidays, etc., and instead stick to basic financial and legal issues that could come up.<\/p>\n

Basic Steps<\/strong><\/p>\n

Once you get started, these steps, at a minimum, should be followed:<\/p>\n