Marriage & Wedding Information

This Domain For Sale. Contact us for more information.


Prenuptial Agreements: The Deal Breaker?


So you're toying with the idea of getting married? Maybe somebody has mentioned a Prenuptial Agreement (Prenupt) or maybe you've never thought of it before. Regardless, just as you're an educated consumer you might also want to take a look at the advantages of having a prenuptual agreement before leaping into marriage.

The truth of the matter is that asking your fiancee' to sign a Prenupt is not the most romantic thing you will ever do. Below are a few tips on planning a marriage with all the love you have for that other person.

Understand what it is and what it is not.

Some couples forgo the Prenupt conversation for fear that their partner may suspect that they have reservations about the solidness of their relationship. The best thing about a Prenupt is that is does exactly what is suppose to do, it either breaks you up before you commit financial suicide or it makes your relationship even stronger. Ironically, and contrary to long held common belief, according to family surveys, men and women sign Prenupts at an evenly low 16% rate across the table. Increditably, women have a higher percentage of initiating a Prenupt agreement than men.

Know who it applies to.

Whatever the gender, a Prenupt is especially vital to young adults starting out in their respective careers. In New York a spouse may be entitled to a significant percentage of the value of a professional license earned during the marriage or a master degree earned during the marriage.

Basically, if your spouse supported you--even by giving you gas money, for example--during your days as a law school, medical school or business school student, then come divorce time you essentially may be working your entire life for your former spouse.

Why? The reason for this is simple but the emotions are a lot more complicated. Because the math formula used to calculate the value of the license contemplates the value amount you will make during your entire working life, the law says that your spouse can possibly collect money decades after the divorce.

It's true: the average couples who walk down the aisle don't want to think about potential future financial disagreements. In fact, they don't even consider the future need of having to deal with a divorce and all of its headaches. Regardless of your confidence in the relationship though, the US national divorce statistics give a more realistic, sobering view of marriage and its potential disadvantages.

Take a look at the statistics and be honest with yourself.

According to the United States Census Bureau, more than fifty percent (50%) of all marriages end in divorce. In 2002 there were 136,684 marriages in New York, and in that same year there were 65,428 divorces. New York is in part with the rest of the country where the divorce rate is at 52 percent. Those numbers are especially hard to accept if you were a couple contemplating any kind of legal union.

Understand a Prenupts true importance.

So how important is a Prenupt in light of these awful statistics? Imagine having to choose between keeping the family's business or having your former spouse for a business partner!

Who's it for?

Some people may suggest that a Prenupt is only for those wealthy forks. This could not be any further from the truth a Prenupt is for everyone. I always advise my clients to consider a Prenupt whenever they are considering marriage. A Prenupt is as essential to a marriage as a wedding ring nobody should get married without one.

Why is it important?

The average working class couple owning no property or significant assets should also sign a Prenupt, because chances are they will inherit property or other during their marriage.

This could be you. For example, remember the classic example illustrated by Colombian-born Juan Rodríguez, who was the sole winner of the New York's lottery multi-million dollar jackpot? Rodríguez, had arrived in the United States in 1982 and worked as a parking lot attendant for most of his life. Even though he had been separated from his wife, he never tried to divorce her for lack of money. Mr. Rodriguez did not have a Prenupt. His estranged wife who was living apart from him at that time, received nearly half of his winnings in a divorce that was filed days after he won the lottery. Had a prenuptial agreement been in place, she never would have gotten a cent.

Save yourself the headaches.

It's unfortunate that couples sometimes overlook this very important agreement before they commit to a lifetime financial partnership.

A Prenuptial agreement is very much like a road map: it guides you along the ride of marriage. Think about it this way: just like going on a long cross-country trip, requires a good map to guide you, so to does marriage require a Prenupt agreement.

Most people find they need something to help them understand as much as possible the intentions and goals and emotional needs of the other person BEFORE they commit their life in marriage. With a Prenupt, once you encounter marital problems you'll always have the written agreement as a reference to put you both back on track.

Odalis M. Encarnacion, is a Family Lawyer in private practice in New York City. For more information you may call him @ (718) 651-5283 or visit him on the web: http://www.encarnacionlaw.com or contact him via email: info@encarnacionlaw.com


MORE RESOURCES:
Relationships:Wedding Articles from EzineArticles.com
03/09/2021 05:57 PM
Things to Consider When Plan for a Wedding Hall
The venue is one of the star points in the planning of a wedding, if not the most important. In fact, taking into account the magnitude of everything it brings, it will be the element of the wedding that most outweighs you.
03/05/2021 09:17 AM
Pro Tips for Styling Your Floral Arrangements
The flower arrangements that are featured in your wedding can make a huge difference in the entire look and feel of your venue. If you want to have the best possible floral arrangements on your big day, then it's a good idea to have a professional working with you. This can be majorly beneficial if you have a budget that you want to stick to, as professionals will be able to find flowers that bring your vision to life.
02/04/2021 08:37 AM
A Seasonal Flower Guide
Choosing wedding flowers can be an expensive task, making it difficult to fit into your budget. If you're looking for beautiful options without breaking the piggybank, you'll want to get seasonal flowers from an experienced and knowledgeable florist. Seasonal flowers are only available in certain seasons, but you may be able to find them outside of their season - for a steep price.
01/28/2021 11:53 AM
Ice Chapel Weddings - Are They Right For You?
First, it's important to note there are a limited number of locales where ice chapel weddings take place; namely Canada, Sweden, Italy, Iceland and Finland. Of course, with a destination wedding, your guests and wedding party members are required to travel so they should be prepared for this.
01/06/2021 10:12 AM
Essential Tips for Finding a Wedding Florist
Wherever you look, it seems like there are recommendations for florists when it's time to begin choosing one for your big day. There is a lot to do leading up the day of your wedding, which can make choosing a florist seem like a small item to check off the list and move on from. This mindset can lead to disaster when you end up choosing a florist that doesn't produce floral designs that you like and your event venue doesn't look as put together as you envisioned it would.
12/10/2020 04:35 PM
Why Is Wedding Videography So Expensive
So, you've decided to look into hiring a wedding videographer. Nice decision. Now you're starting to look for the perfect person to capture your day and finding out, holy cow, this isn't going to be cheap.
12/07/2020 12:48 PM
Why You Need A Wedding Film
You shouldn't skip this important part of your wedding! Here are 5 reasons you definitely need a wedding film.
11/30/2020 10:15 AM
Tips for Flowers at Beach Weddings
A beach wedding is something that many people dream of, as it is a beautiful place with wonderful weather, gorgeous scenery, and comforting sounds. However, having a wedding that features flowers in it can make going to the beach difficult. For this reason, you'll need to carefully choose the flowers that you use for your beach wedding.
11/04/2020 02:40 PM
Essential Questions to Ask Floral Wedding Designers
Floral designers are more than just the individuals that supply the flowers for your bouquet. These professionals help you bring together the aesthetic of your wedding and make the ceremony and reception look beautiful. They add details and finishing touches that bring everything together and can even design things according to your cake or wedding dress.
10/02/2020 10:16 AM
Charming Irish Wedding Traditions and Superstitions
Irish wedding traditions date far back in history and many have survived in one form or another today. These Irish wedding traditions were rooted in nature came from folklore and superstitions for generations. passed on generations. Today Irish couples around the world seek to incorporate these ancient Irish wedding traditions in their modern-day wedding as a way pay tribute or to reconnect with their Irish heritage.
02/12/2020 03:31 PM
Romance - On The Las Vegas Show Band Strip
When you meet in Las Vegas finding your way to the chapel on the showband strip isn't even a good challenge. The cost of hiring a show band in Las Vegas - that's a challenge.
12/02/2019 03:11 PM
Professional Wedding Photographers: Capturing the Perfect Moments in a Perfect Way
A wedding is an occasion that holds a lot of importance in a person's life, and creating the perfect day is quite important. The wedding day is a day when family and friends of the groom and bride come together celebrating the love of two people. There are a lot of arrangements that need to be made to make this day perfect like the venue, decorations, food, guest list, seating arrangement, DJ, etc.
11/19/2019 01:59 PM
Why Photography in a Wedding Is Important?
Wedlock is the most beautiful bond in the life of every couple, the memory of which revitalize their soul. The flashback come around thousands of time of their event and they tell the story thousands of times of their children and their loved ones, however "a picture speaks louder than words".
02/14/2019 10:11 AM
Gearing Up for Spring and Summer Weddings
Hooray! It is officially spring and now we have all of those gorgeous spring and summer weddings to look forward too. Highly creative caterers and florists in Mornington Peninsula are gearing up for another two seasons of fabulous weddings.
12/27/2018 03:17 PM
Why a Wedding Photographer Is Worth It?
A wedding photographer may be something you're tempted to skimp on in order to cut wedding costs. However, a professional wedding photographer offers superior experience and knowledge, uses the highest-quality equipment and can introduce you to other wedding professionals you'll need.
08/01/2018 02:50 PM
How to Make Your Wedding Photographs More Beautiful
Wedding is once in a lifetime kind of day for the couples and they want to make them the best day of their lives. The photographs are the memories the couple gathers from this day and they need to be beautiful. This article contains some of the brilliant ways to make your wedding photographs up to the mark.
07/31/2018 10:34 AM
The Best Wedding Reception Party Favors - Personalized Candy Bar Wrappers
Giving a wedding reception party favor to attending guests as a small token of appreciation is a tradition that most brides and grooms still follow. While some couples try to come up with novel ideas, none of these choices match the fun and enjoyment of having personalized candy bar wrappers create a special moment for your wedding celebration.
07/26/2018 09:43 AM
10 Unique and Affordable Wedding Favor Ideas
With wedding season in full swing, it's likely you're either planning a wedding for this summer, or perhaps you're thinking about a wedding for the upcoming winter season. Whatever the date, wedding party favors seem to be a hot topic of debate in the realm of wedding planning. To give, or not to give-that is the question! If you're considering giving something to guests to remind them of that special day, you'll want to give them something truly unique. Move over, obligatory Jordan almonds and make way for these creative wedding favors!
07/25/2018 09:57 AM
Questions To Ask When Picking Your Wedding Venue
If you have decided a few of your favorite wedding venues and you are almost there to sign on your final venue, there are certain things you need to look for. Here are some of the important questions to ask when picking your wedding venue.
07/25/2018 08:30 AM
What at the Top Classic Cars for the Wedding Day?
A classic car is a perfect choice to transport the bride to the ceremony on the wedding day. There are plenty of stylish cars that are built with comfort, style and longevity in mind, such as several models produced by Rolls-Royce, Bentley and Jaguar.
07/25/2018 08:28 AM
Guide to a Wedding Car Hire
An elegant wedding car makes it possible to create a stylish and sophisticated entrance to and from your wedding venue. Beyond the great look of the wedding car, they are also appreciated for offering a convenient form of transportation that will make sure you arrive at the venue on time.
07/25/2018 08:21 AM
7 Things to Consider When Organising A Wedding Car Hire
Many things need to be carefully considered when it comes to hiring a wedding car. A preferred car should not only match the theme or style of the wedding, but also come from a reputable company that delivers a reliable service.
07/25/2018 08:20 AM
What to Keep in Mind When Looking at a Wedding Car Hire
The preferred type of wedding car is likely to relate to the theme or aesthetics of the special day. While the style of the car is important, there are also several other things that need to be considered.
07/24/2018 08:04 AM
Men's Wedding Bands - How to Choose the Best Wedding Ring
A man generally puts lots of thought into choosing the engagement ring for their fianc?, and when it is time to select his wedding band he will realize that he is clueless about many options that are available. There're 7 things that you have to consider while choosing the men's wedding bands: metal choice, width, finish, fit, engraving and detailing.
07/20/2018 10:50 AM
The Worst Wedding Guests
Your wedding day has finally come, but you can't shake the nervousness of unpredictable guest behavior. Drunk and flirtatious family members, demanding bridesmaids, controlling and critical mother-in-laws are some of the worst guests.
07/19/2018 11:40 AM
Live Stream Weddings: "I Do" in the Digital Age
Live video streaming seems to be the next frontier. In the last couple of years alone, live streaming has gained substantial momentum as more couples live stream their wedding. Saying "I Do" in the digital age is becoming a popular trend.
07/18/2018 10:04 AM
Your Fabulous Guide To Choosing Beautiful Laser Cut Wedding Invites
Are you planning to enter into a beautiful bond of love, friendship, and warmth? Does the thought of experiencing marital bliss excite you to a great extent? Well, the wedding bells are surely round the corner then.
07/03/2018 12:24 PM
How to Pose for Amazing Wedding Pictures - Even If You Are Not a Model
A guide to posing for Brides, Grooms, Couples. This article is filled with valuable information about posing on your wedding day. Even if you are not experienced with posing this article will give you insights into how to look good in front of the camera.
06/26/2018 09:27 AM
Catering: It Is Time to Get Ready for Wedding Season
Yes, it is the middle of the year and wedding season is at the end of the year but it is important to be prepared. Wedding season is a busy one during the warmer months which means that you won't have time for anything else during this time, especially if you are a caterer or event venue. If you want wedding season to be successful for your business, then now is the time to get ready.
06/22/2018 11:56 AM
Bridal Dresses and Accessories
Almost every girl dreams about her wedding day, wedding-gown, veil, etc. from her childhood. Maybe you want to wear your favorite designer's dress or the one you shortlisted from magazines. Wedding shopping could be exhausting with so many appointments to make and attend meetings. The wedding is a big day for every couple and everyone wants it to be the best and perfect day.
06/17/2018 09:57 PM
Royal Wedding Biscuits - A Perfect Treat For The Guest On Your Special Day
More than just a serving treat or a present, your wedding treats are a reminder of your big day and big commitment to your friends and family, so it's important to think outside the box. Royal Wedding Biscuit ideas guarantee your wedding favors to get noticed. Serving these small treats or giving them as a wedding favor will make a lasting impression of your special day.
06/13/2018 08:04 AM
Wedding Planners: Your Managers for a Beautifully Memorable Wedding
There is probably nobody who never dreamt or planned for his/her wedding. No doubt the wedding day is one of the most special day for anybody. It is one of the most significant events of the life.
05/31/2018 08:58 AM
Have A Wonderful Marriage Celebration With Songs
Whatever we arrange for a marriage, the real color is reflected only when some music is added to it. The pomp and show are incomplete without some music and everyone taking to the dance floor dancing with joy for the celebration in honor of the newly married couple.
05/29/2018 08:56 AM
Fashion Tips For The Perfect Wedding Wear on a Cold Season
Whether you're the bride or just a guest, figuring out what to wear to a wedding on a cold weather can be quite tricky. The chilly weather just kills the mood and may discourage you to look your best. But come on, this is a special day.
05/29/2018 08:22 AM
Wedding Reception Ideas for Outdoor Weddings
Having an outdoor wedding is very romantic but it can come with a lot of 'what-if's' with the main one being the weather. There is always the chance that it will rain on your wedding day and you will be forced to move it indoors but if you have the perfect day with lots of sunshine, here are some great ideas for the wedding reception.
05/25/2018 02:25 PM
How to Plan Your Own Wedding
Shows step by step what goes on during the wedding planning process. Tells a bride exactly how to plan her own wedding without help from a planner.
05/25/2018 02:25 PM
Wedding Day Problems & Solutions
Outlines the different problems that can happen during your wedding day and shows the solutions to these issues. Ultimately explains how to have the best stress-free wedding day.
05/25/2018 02:24 PM
Wedding Planning Recommendations
Planning a wedding can get busy and messy, so there are quite a few recommendations I have for someone who may not be the most organized person to begin with. There are many different 12 month wedding planners and organizers out there, some made by The Knot, and some that you can even find at Walmart or any other stores. These planners can help you remember things you may not have been thinking about, or didn't even know you had to do. They give you checklists, timelines, outlines, and different formats of how you should be writing out seating charts, lists, etc.
05/20/2018 07:16 PM
A Royal Wedding on a Wedding Anniversary
In a comical turn of events, we find we now share our Wedding Anniversary with a Royal couple. Beyond the fact that we watched the event unfold, including that astonishing message from Presiding Bishop Michael B. Curry, this day taught us both something significant.
05/07/2018 08:34 AM
Unique Alternatives to Traditional Wedding Rings
The options for wedding rings are many but is it worth to spend a good amount of money on these expensive traditional rings. Here are some of the best alternatives that you can look for.
04/23/2018 09:14 AM
5 Banquet Halls Based in Navi Mumbai That Are Budget-Friendly
Looking for wedding venues in a city will be an awesome expertise, however after you have facilitated at hand, you'll be able to make certain of obtaining the most effective of deals. A budget-wedding venue in Mumbai can be a challenge when you have not done your research. We would like to be your calm amongst the chaos by helping you pick out the best wedding banquet halls and wedding venues in Mumbai.
04/17/2018 09:29 AM
Floral Mandap Hire - An Addition to Memorable Weddings
Hindu Weddings are the most important aspect as it gives the two people a new beginning to start a life together, therefore every arrangement from wedding DJs to catering must be done with great consideration. The flowers are not only beautiful when decorated to a particular place but are auspicious as well, as they are used in wedding rituals in a form of garlands and are also used during the wedding ceremony for showering upon bride and groom. The flowers in Hindu weddings play a very significant role, as they are used throughout the wedding in abundance.
04/09/2018 09:53 AM
Your Guide to the Perfect Beach Wedding Dress
When it comes to planning, most couples first select a venue for the wedding and then determine where they'll spend their honeymoon. But for some, it's a single decision. Destination weddings are dramatic, beautiful, and also in some ways, more convenient for the bride and groom.
04/03/2018 02:26 PM
Choosing A First Dance
Having trouble coming up with the perfect first dance song? Read on and hopefully get some inspiration to help you choose.
03/26/2018 03:38 PM
Frequently Asked Questions About Wedding Catering
If you have a wedding to cater, these questions and answers will give you an idea of what to expect in terms of cost, options, customization, preparation, and more! Get started today to plan the wedding of your dreams!
03/23/2018 03:35 PM
Hobbies and Interests Lists For Weddings
There are many assorted hobbies and interests of products and services which may be used in weddings. There are no limitations as every couple makes their wedding day a special event. Your hobbies or interests will be beneficial.
03/21/2018 08:46 AM
Why You Need a Professional Videographer in a Wedding
It is common knowledge that a wedding is a once-in-a-lifetime event for the couples. Years may roll by, seasons change, kids will be born and grow, and the bride may become a grandma. But even at that time, if you ask her, she will vividly remember every moment of her wedding, including the smallest happening of a flower vase falling down from the altar.
03/21/2018 07:59 AM
Easy Steps To Design Your Own Wedding Dress
Choosing a dress may take a good deal of time, but choosing a wedding dress will take much more time that you can imagine. What do you do when you don't find the outfit you need? The best way is to design one on your own. If you have no idea how to go about designing your own wedding dress, we suggest that you give a go to the three options given below.
03/14/2018 10:05 AM
The Best Wedding Destination For You
If you and your sweetheart are thinking about exchanging vows on a tropical beach or other exciting location away from home, you might be curious as to which wedding destinations are most popular.Below, we've rounded up six of the world's best places to say "I do" -- whatever your taste or budget.
03/01/2018 03:58 PM
How You Can Make Your Wedding Day Unique
If you want your wedding to be the talk-of-the-town, you need to give attention to little things in order to make it unique. A typical wedding can be predictable but the following tips will make your own to stand out among the crowd.