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It is used to set out the current and future financial responsibilities of each partner in case the couple separates, divorces, or one partner passes away..
Need for prenuptial agreement Legal experts usually advice to go under the prenuptial agreement only when either or both the parties turns out to be wealthy enough and requires a proper assessment of.
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A prenuptial agreement can clarify which property should be given to children (minors or adults) and the current spouse. It sets out the property and money that belong to each person before the marriage or civil partnership and clarifies what is intended to remain the property of that person after the ceremony and even after the marriage/civil. Our prenuptial agreement template can be downloaded in the available Word format.
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