WHAT IS AN ANTENUPTIAL CONTRACT?

WHAT ARE THE BENEFITS OF ENTERING INTO AN ANTENUPTIAL CONTRACT?

BENEFITS OF ENTERING INTO AN ANTENUPTIAL CONTRACT WITHOUT ACCRUAL.
. Should either party declare insolvency, creditors of the insolvent spouse will have no claim over assets of
the solvent spouse.

. Each spouse does not require permission from the other spouse when purchasing property, businesses, and
assets. Each spouse can enter into a financial agreement independently.

. A spouse will not be liable for debts incurred by the other spouse.

BENEFITS OF ENTERING INTO AN ANTENUPTIAL CONTRACT WITH ACCRUAL.
. An antenuptial contract with accrual allows the parties to keep what is theirs before marriage and still retain
their estate.

. The agreement determines how to share the parties accrued estates in the event of a divorce, death or
dissolution of the marriage.

Before 1984, all antenuptial agreements concluded excluded the accrual system. Parties married before 1984 who are getting divorced will have the redistribution of their assets decided on by a judge. Enough time must be left before the marriage to have the contract drawn up by an experienced lawyer who is a registered notary public for registration at the deed’s office.

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