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Lombard Prenup Lawyer 

For many people, pets are a part of the family. You get them when they are young and you take care of them as they grow older, much like parents do with their children. Whether the pet is a dog, cat, bird, or reptile, many pet owners view their pets as children as well. 

Divorce means the division of assets between two spouses, but also a decision on who gets the pet after the divorce papers are signed. Prenuptial and postnuptial agreements are a way to make these decisions while a couple's relationship is in a good place, instead of during the often contentious divorce process if they reach that unfortunate conclusion. Much of the negative perception regarding these agreements has faded in the public consciousness because couples now see the value of expecting the best but planning for the worst.

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Lombard family law attorneyToday, many households are dual-income households in which both spouses work. For the well-being of the couple’s children, however, it can sometimes be beneficial for one spouse to embrace the role of a stay-at-home parent. In these cases, having a postnuptial agreement can help clarify each spouse’s responsibilities in case of a future divorce. Before one spouse agrees to take taking extend time away from his or her career, all the potential repercussions should be discussed.

Children Can Change a Couple’s Career Dynamics

Introducing children into a marriage means change, and some families decide that it would be better for one parent to be at home with the children. Despite advances in equality and changing social views on gender roles, it is still usually the wife who elects to put her career on hold and become the stay-at-home parent. In some families, it is more economically advantageous for the male partner to stay home, and this certainly does play out in many households. Either way, couples with children should consider making arrangements for their children and their finances in the event of a divorce.

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postnuptial agreement, finances, Lombard Family LawyerDespite the immeasurable amounts of research and advice available to married couples, financial issues continue to be among the leading causes for divorce in the United States. In fact, some experts estimate that nearly half of all American divorces are directly related to financial priorities and disagreements. Many couples looking to be proactive about money matters may decide to negotiate a prenuptial agreement prior to their marriage. Others, however, may not realize the need for such arrangements until well after their wedding day. For these situations, a postnuptial agreement may be the solution.

Recognizing the Need

Postnuptial agreements are often initiated by couples who are beginning to see signs of financial concerns but are dedicated to salvaging their relationship. Such concerns may be triggered by the success of failure of a business venture, health-related issues, or the advancement in age of both spouses, among many other factors. While being objective about family matters and the future may be difficult, doing so jointly and effectively can help unite a couple in their efforts to strengthen their marriage.

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As prenuptial agreements become more and more popular, many married people may be thinking that they wish they could have a prenup. But it’s not too late; a prenuptial agreement created after a couple is married is called a postnuptial agreement, but is, essentially, the same as a prenup.

People who choose to enter into a postnuptial or postmarital agreement do so for many reasons. One reason is if one spouse creates a business, the business partners may ask the spouse to sign and agree not to make a claim on the business should the other pass away or if they become separated. This will prevent a fight over the company from occurring if the couple divorces, and prevent a fight between the business partners and spouse if the spouse who took part in the business passes away.

Spouses may also choose to sign a postnuptial agreement if they have separate properties, which they use to buy a joint property. The agreement will ensure that the spouse with the separate property will still get the same benefits that he or she would have if the properties had stayed separate rather than purchasing joint property.

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Posted on in Divorce

The Huffington Post recently wrote about a new concept in family law that was actually developed by a real estate attorney as an alternative to marriage. Instead of "entering into wedlock", Paul Rampell says couples should enter in a "wedlease".

Kerry wedleaseRampell says part of the problem with the institute of marriage is that legal structure of marriage has not adapted or expanded as society has changed. There has been no improvement to that legal structure.

Citing marriage as a "legal partnership that lasts a lifetime", Rampell says that lifetime partnership is reason for the high rate of divorce, "People, circumstances and all sorts of other things change. The compatibility of any two people over decades may decline with these changes to the point of extinction," he says.

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