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From Reality Television To Real Life: The Law And You


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From Reality Television To Real Life: The Law And You

Do you watch police and border security reality shows? I rarely watch television but never miss an episode when these are on. I am intrigued by the motivations of people who break the law and even more curious about the punishments they receive. I research the relevant laws after an episode finishes and have become quite the bush lawyer! Through research, I have noticed that laws related to an offence like dangerous driving can vary in our different states and territories. I realise that most people are time poor and do not have the opportunity to explore our laws in detail. I started this blog with the intention of giving you some insights into your rights and responsibilities under Australian law. First and foremost, I hope you find these scribblings to be entertaining. I will be extra pleased if you find some useful information. This blog is now in session.

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3 Ways You Might Benefit from a Prenuptial Agreement

A prenuptial agreement is a legal agreement that a couple create and sign before they get married, and which is then referenced in the event of a divorce, separation, or death of one spouse, and which may even be used during the marriage. While a prenuptial agreement may not sound very romantic, it can be a necessary step to take when considering marriage.

A family lawyer can explain how such an agreement can benefit you personally, but note some of the basics about what might be included in such an agreement and how they can benefit couples.

1. Keeps debt separate

The debts incurred by one spouse are often considered the responsibility of both spouses once they get married, and a creditor can often go after shared or marital property to settle those debts. A spouse's credit rating can also be damaged by the debts of their spouse.

A prenuptial agreement can help to protect each spouse from having this happen, if it notes that they will keep their finances separate during the marriage. The prenuptial agreement may determine that the spouses will keep separate credit cards and bank accounts and even file their taxes separately, so that each spouse is protected from the debt of another.

2. Solidifies agreements about payment for each other's expenses

The opposite of keeping debt separate, a prenuptial agreement may make provisions for one spouse to pay for another's expenses, for example, if one spouse wants to go to school or start a business. The prenuptial agreement can ensure that this is agreed upon and may also include provisions for that spouse to pay back the other in case of a later divorce or higher earnings.

3. Provides for children from a previous marriage

Prenuptial agreements will rarely state how child support and visitation will be handled in the event of a divorce, since courts will consider the welfare of a child at his or her age and circumstances at the time as being most important.

However, if a spouse has a child from a previous marriage, the prenuptial agreement can spell out how that child will be provided for in case of a divorce or death. This protects their interest but also protects the new spouse and their children and any marital assets or property that were acquired during the second marriage.

Note that prenuptial agreements will not spell out every detail of a marriage, including household chores and how children will be raised. Speak to a family lawyer about what can and cannot be included in such an agreement, and so that he or she can ensure your rights are protected throughout a marriage with a prenuptial agreement.