Outside of having a child, marriage is without a doubt the biggest personal commitment a person can make in this lifetime. Two people deciding to join their lives and their futures together is certainly something that should never be entered into lightly, as often times is made clear by the person officiating the ceremony.
But there is a lot that goes into a couple taking this next step, a lot more than just love and shared personal values. There are financial considerations, along with assets, properties, and anything else of value or importance that either party might possess prior to tying the knot.
The purpose of the prenup is to protect one or both interests in the unfortunate event that the marriage does not work out. Here are just some of the things that a legal representative who handles such arrangements offers:
Initial Negotiation
Like any other type of agreement, it all starts with an initial discussion to see what each party has in mind and finds fair and balanced. This process can go smoothly or can sometimes be combative. It takes a skilled mediator to keep the talks productive.
Preliminary Agreements
After a tentative agreement is in place for the prenup agreement, the layer can then move to begin the process of legalizing the document and making it official. This may be delayed if one party seeks to have another representative go over it first.
Finalization
Once everything is agreed to in its final form, the last thing to do is to make it legal. After this is handled there is no more worry or concern about who gets what should the union fail to last.
Professional Family Law Firm in Barrie 