The Broken Arrow Voice

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Wednesday, April 28, 2010

Pre-Nup, Is it For Me?

Quite often, pre-nuptial agreements are thought of as negative. In some cases, however, a pre-nup can be very helpful and even create peace of mind. A pre-nuptial agreement (or pre-marital agreement) defines to whom property belongs and can prevent legal arguments later, should a death or divorce occur. The agreement covers three areas: during marriage, upon divorce, upon death of a spouse. Some people that can benefit from a pre-nup might include those who own a business, have children or someone needing special care, or those that have many assets.

One thing that all parties should ensure, when planning a pre-nup, is independent counsel. Another is honesty and full disclosure of each parties assets. Without full disclosure, the agreement will likely be void later on.

For more information on pre-nuptial agreements or other legal issues in Oklahoma, contact Richardson, RIchardson, Boudreaux at 918-492-7674 or www.richardsonlawfirmpc.com. Also, view the video below.

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