FAQS- Prenuptial Agreements
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A. Yes. In fact, mediation is one of the best ways to handle a prenup. Instead of an adversarial process where two opposing lawyers negotiate against each other, mediation allows you and your partner to discuss financial planning openly in a cooperative, neutral setting. This collaborative approach protects your assets while preserving the strength and trust of your relationship before the wedding.
After evaluating your options, you–and only you–make the decisions that become the agreement. The goal of a successful mediation is to reach an agreement that is custom-made for your family, your finances, and your future.
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A. A prenup typically outlines how assets, property, and debts will be divided in the event of a divorce. It can also establish terms for spousal support (alimony) and protect one spouse from assuming the pre-existing debts of the other.
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A. It is not too late. Couples who are already legally married can create a "postnuptial agreement." The mediation process and the goals are very similar to a prenup, but the agreement is simply drafted and signed after the wedding has taken place.