Reasons you need a lawyer before marriage for money matters
Marriage is the union of people out of love, respect, and more, but many people fail to consider the other side, which is the financial aspect and rights. Every couple should hire a lawyer like Arthur Liangfei Tan before marriage to be clear on financial matters and avoid disputes later. Here are a few reasons how a lawyer can help you:
- Defining your property rights: A lawyer can help you legally define your property and financial rights. Once you move into marriage, finances are one of the common reasons for disputes in couples. So, officially establishing your rights on properties, bank accounts and more can be helpful.
- In case of dispute, who will get what if you are investing in a home or business before or at the start of your marriage, these things should be handled legally.
- Distribution of estates, investments, and other assets that will be divided, and shared, before and after marriage.
Consider different factors like if you have your family business, will your partner gain interest or benefit from the business? If you have debt, how will you both share the loan, and whether you both will have a common bank account or not?
Final Thoughts
These are some of the common reasons why you need a lawyer like Arthur Liangfei Tan to define your rights legally. It might not be important in the beginning, but in case you both decide to part ways it will help you reduce disputes.
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