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We had fun taking the course, we had interesting topics to discuss and most importantly learned a little more about each other. I recommend this course to anyone who is looking for an online premarital course. It was a pleasure taking the course. The website was easy to operate and the content was very interesting. To limit the rights of surviving spouses at death. The elective share applies to assets acquired during the marriage, as well as assets owned before the marriage.
The elective share also covers inherited assets. A prenuptial agreement can eliminate the elective share and other spousal entitlements, so that the spouse can receive a predetermined amount of assets at death.
In many instances, the deathtime spousal obligation is handled through life insurance. A valid prenuptial agreement can waive this right. To determine how the marriage is going to operate. Open communication in a relationship, before and after marriage, can be critical to the success of the marriage. Because a prenuptial agreement requires that issues be properly dealt with, it requires discussion and agreement of issues. For example, if the economically stronger spouse is going to continue to support young adult children and have an estate plan mostly in their favor, this should be identified before marriage.
There are many issues that can be, and sometimes should be, addressed. For example, who is going to support the household. Is the economically stronger spouse going to help support any children of the economically weaker spouse? To ensure that both parties are getting married for the right reasons. While no one reading this post would ever get married for economic reasons, there are some people who do get married for economic reasons.
Eliminating the economic uncertainty involved in a marriage can ensure that the marriage is being entered into for valid non economic reasons.
To protect an inheritance in the event of death or divorce. For purposes of equitable distribution, inherited money is not really in play in terms of giving inherited assets to the non-inheriting spouse. But inherited assets can be considered in how to divide up the marital property, and inherited assets can also e considered in the award of alimony.
By fixing the term and amount of alimony in a prenuptial agreement, entangling an inheritance with a divorce can be avoided. In case of death, inherited assets are treated just as any other asset. Therefore, in the absence of a prenuptial agreement, inherited assets are subject to spousal claims just like any other asset. Florida lawyer Jeffrey Skatoff negotiates and prepares prenuptial agreements for his clients.
He can be reached at Florida Probate Lawyers Since