A Hawaii Prenuptial Agreement refers to a formal contract negotiated and signed by the partners that are going to be married to determine the suitable course of action in various situations related to their life together and potential divorce.
It is advised to prepare this instrument even if you and your partner do not make a lot of money, have any children, or plan to become parents someday - you will have an opportunity to clarify how you will divide your property and provide financial assistance for one of you in the event of abrupt separation.
The contents of this contract depend on the parties' wishes but usually, it lists the assets of the couple, explains how the soon-to-be-married individuals will share them, outlines the alimony and child support if necessary, elaborates on inheritance rights, and indicates the grounds for divorce that make the agreement unenforceable. You must acknowledge your readiness to be bound by contractual terms in the presence of a notary public - otherwise, the authenticity of the document may be questioned.
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