What You Need To Do Before Getting Married In South Carolina
With the current divorce rates most couples want to protect their interests by signing a prenuptial agreement before their wedding. In the state of South Carolina these prenuptial agreements are honored as long as they comply with the Uniform Premarital Agreement Act.
The Definition of a Prenuptial Agreement
The prenuptial agreement is a document that described how the property and assets are divided in case of a divorce. This document is signed by both parties and will be effective when the marriage is consummated.
What to describe in the Prenuptial Agreement
The more detail the couple can describe and agree the easier
settlements can be made in case of a divorce. Especially when children are involved in the marriage it is important to describe the responsibilities of each party in detail.
The things to be described in the prenuptial agreement can be found in the list below.
Description about the deviation of mutual property
Description about the deviation of mutual assets
Description about death benefits deviation
Description about spousal support
Description about each partys property which was brought into the marriage
Description about each partys assets that are brought into the marriage
Any descriptions in a will
Description of the liabilities incurred in the marriage
Description of life insurance rights
Which law jurisdiction applies to the agreement
The negotiation and preparation of the prenuptial agreement needs to be done with the assistance
of experienced family law attorneys. The law on this subject too complex to understand and you might end up with an agreement that simply does not meet the expectations of the couple and the South Carolina law.
About the Uniform Premarital Act
On July 1, 2009 the Uniform Premarital Act is enacted in the state of South Carolina. This act states that premarital or prenuptial agreements are only enforceable if they are in writing and signed by both parties. It is permitted to predetermine ownership, in contemplation of divorce, of the marital and separate assets and property.
What are Invalid Provisions?
The South Carolina law describes some provisions that cannot be included in the prenuptial agreement. The invalid provisions are listed here;
Any provisions that promote divorce
Any provisions that offer financial benefit in case of divorce
Any decisions made by children regarding custody and child support
Any provisions that are related to nonfinancial matters, like chores and raising of children
If any of the above invalid provisions are included in the prenuptial agreement then the court of South Carolina will treat the agreement as non-enforceable.
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