Assignment:
Discussion
Premarital agreement A contract entered into by the prospective spouses regarding their rights during the marriage and in the event of a divorce; also known as an antenuptial agreement or prenuptial agreement.
Hypothetical: A 40 year old woman is engaged to a 32 year old man with a son that he shares custody with. She has no children, she runs 2 successful nonprofits as well as flip property for big profits. However, her fiancé was employed before she hired him to be a mentor to the teen boys that her nonprofit services. Her accountant and attorney is suggesting a premarital agreement to be drawn but she feels it is unnecessary because they are in love...
Assignment: Argue which stance would you take and support it. Would it be the same effect if the breadwinner was a male?
In 2 pages typed, doubled spaced, plus APA cover page complete the following:
1. Define the terms "premarital agreement" and "postmarital agreement:'
2. Describe the difference between premarital and postnuptial agreements.
3. Understand the historical evolution of premarital agreements, once considered void against public policy.
4. Determine which documents must be reviewed before drafting a premarital agreement.
5. List and explain the requirements for drafting a valid premarital agreement.