A prenuptial agreement is a document couples can use before they get married, helping to define what assets they own. For instance, the agreement may state that, in the event of a divorce, specific assets are going to stay with one individual or the other. These...
Month: July 2024
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What is transmutation of separate property?
During a marriage, there are two categories of property. Separate property refers to the assets and property that each spouse individually owned before marriage, while marital property includes assets and income acquired during the marriage, typically subject to...
Financial disagreements that can result in divorce
Marital relations can break down for numerous reasons. However, one of the leading causes of divorce in the U.S. is disagreements over money. Money doesn't equal happiness, but it certainly helps couples to get there. The following financial disagreements can put...