Prenuptial agreements Part (1)
Dear Loyal Readers and New Readers, Labels: Prenuptial Agreement
Tonight, I am going to talk about prenuptial agreements, as this is a very important subject as it pertains to marriage and divorce. The idea of a prenuptial agreement is to protect both parties, the future wife and the future husband, from any surprises should they ever decide to divorce.
In essence, you are trying to write your own destiny as much as you can. However, you cannot write your whole destiny even if both parties agree.
Here is why it is not possible to have total control over what happens in the case of a divorce. The reason is that the law has two categories. Some issues fall in the MODIFIABLE category, and other issues fall in the UNMODIFIABLE category.
The former category includes, but is not limited to, CHILD CUSTODY, and CHILD SUPPORT, whereas the latter includes, but is not limited to, SPOUSAL SUPPORT, formerly known as ALIMONY, and PROPERTY SETTLEMENT.
In other words, if the husband and wife agree that the wife, future mother, or the husband, future father, for example, would have sole custody of the future children, should there be a divorce, it would not hold in court at the time of divorce. CHILD CUSTODY is based on many factors and specifically on WHAT IS IN THE BEST INTEREST OF THE MINOR CHILDREN. Therefore, it is not something that could be determined ten years ahead!
Likewise, CHILD SUPPORT is a MODIFIABLE, as it is calculated based on a mathematical formula that takes into account both the number of OVERNIGHTS that the children spend with each parent, and the SALARY earned by each parent.
Next time, I will be covering SPOUSAL SUPPORT (ALIMONY), and PROPERTY SETTLEMENT. Until then.....
Good night!
Dr. Dreamer


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