This article was originally written by Find Law
Prenups can be a great tool for couple to use if they are thinking of getting married. A prenuptial agreement can help you establish the financial rights of you and your spouse in unfortunate event of a divorce including protecting a family business, or securing your personal assets. However, prenups have to be done right in order to be valid in your state.
Let’s take a look at the top 10 reasons why a prenuptial agreement might be invalid.
1. NO WRITTEN AGREEMENT: Premarital agreements must be in writing to be enforceable.
2. NOT PROPERLY EXECUTED: Both parties must sign a premarital agreement before the wedding in order for the agreement to be considered valid.
3. YOU WERE PRESSURED: A premarital agreement may not be valid if one of the spouses was pressured by the other (or by his or her lawyer or family) to sign the agreement.
4. YOU DIDN’T READ IT: If your spouse-to-be puts a bunch of papers in front of you, including a premarital agreement, and asks you to sign them quickly, the premarital agreement may not be enforceable if you sign it without reading it.
5. NO TIME FOR CONSIDERATION: A prospective spouse entering into a premarital agreement must be given time to review it and think it over before signing it. If the groom hands the contract and a pen to the bride just before she says, “I do,” the agreement is probably invalid.
You can read the other half of the original article on Find Law here: http://bit.ly/2inPwJ6