Category: Prenuptial Agreements
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Do separate bank accounts make property division easier?
According to a recent survey, 28% of millennials are opting to keep their bank accounts separate from their spouses in lieu of the traditional approach of having joint bank accounts. One of the reasons for this is because it has become easier to split money through applications that allow one to pay someone immediately. Another…
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How does a prenuptial agreement protect a business?
The division of property in a divorce proceeding can be made much simpler by a prenuptial agreement. Business owners in particular may benefit from entering into prenuptial agreements prior to marriage, as it allows them to protect their privately owned businesses from being unfairly divided in Equitable Distribution. Determining which party retains ownership of the…