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a post-nuptial agreement
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is an agreement between spouses that
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is entered into after there is a
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marriage
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but before any divorce is
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filed or contemplated and the
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post-nuptial agreement defines
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um to some extent what would happen
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in the event of divorce or what would
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happen
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in the event of the death of one of the
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parties
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and a common occasion where i see people
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want to talk about a post-nuptial
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agreement
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is one where one of the spouses wants to
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enter
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into a business venture or an investment
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that the other spouse considers kind of
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a long shot or
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potentially risky and so they want to
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come up with a way
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that in the the spouse who wants to
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enter into the venture can do that
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but at the same time have the other
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spouse be reassured
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that the assets or the income that they
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have accumulated during the marriage
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isn’t put at risk in case that’s
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unsuccessful but on on the side of the
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more
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adventurous spouse they may
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also feel that it’s fair that if they’re
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assuming the risk of that venture
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maybe they shouldn’t have to share the
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proceeds or or share them in the same
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fashion as they would have if both
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spouses had
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had been on board with the concept