Agreements and Contracts

PRENUPTIAL AGREEMENT:

“Premarital agreement” means an agreement between prospective spouses that is made in contemplation of marriage and that is effective on marriage.

Advantages of premarital agreements for both parties:

• Avoiding Litigation Costs
  Protecting against Fears of Family Members
  Protecting Family Assets
  Protecting Business Assets
  Protection Against Creditors
  Child Custody and Support Guidlines
  Predetermined Disposition of Property

PERSONAL AGREEMENT:

 Personal Agreement can describe many different types of contracts. It can describe a contract that binds only a single individual as opposed to a group or company that the person represents. It can also refer to a contract that only binds the single person and not their heirs, successors, or assignees.

BUSINESS AGREEMENT: 

Business agreements are the heart and soul of most companies and organizations. They help ease business operations and processes without friction between involved parties. Business contracts—when executed correctly—can help to manage business expectations and avoid liability.

Any agreement that two parties make can be legally enforced, whether it’s written or verbal. A signed document is important to have since it provides proof that an agreement exists and shows both parties agreed to identical terms.