Premarital Agreements Mediation
Prenuptial agreements or premarital agreements which are prepared using a mediator and the mediation process. Using prenuptial or premarital mediation to draft an agreement allows the couple to determine the…
Read MorePremarital Agreement
A private contract that defines certain issues within a marriage (which hasn’t yet taken place), typically spousal support and property division, as well as certain provisions in the event of…
Read MorePredetermined heir
Child (or child of a deceased child) who is either not named in or not provided for in a will but who are entitled to a share of an estate.…
Read MorePower of attorney
* A legal instrument authorizing one to act as the attorney or agent of the signer. See also durable power of attorney.
Read MorePower of appointment
Legal authority to decide who shall receive property held in a trust.
Read MorePour over will
A will which automatically deposits money or assets into a trust. Property left through a will must go through probate before it can “pour over” into the trust.
Read MorePostnuptial Agreement
A private contract that defines certain issues within a marriage (which has already taken place), typically debt, spousal support and property division, as well as certain provisions in the event…
Read MorePostmarital Agreement
A private contract that defines certain issues within a marriage (which has already taken place), typically debt, spousal support and property division, as well as certain provisions in the event…
Read MorePersonal property
All property except for land or real estate. Personal items, cash, investments, cars, etc.
Read MorePersonal Guardian
If no parent is available to raise your child, another adult must be legally responsible to do so. This person is called the child’s personal guardian.
Read MorePersonal Exemption
If your estate is worth more than the amount of the personal estate tax exemption for the year of your death, your estate will owe taxes unless other exemptions or…
Read MorePeaceful resolution
Constance Arons’ book, The Good Divorce, was one of the first (and most enduring) books to illustrate how a peaceful divorce might be possible. Allowing yourself to grief the end…
Read MorePay on death designation
Also called a pay on death account. Bank account which balance will be paid upon the owner’s death to the person specified as the pay on death beneficiary.
Read MoreParenting plan
The written court orders which outline how often and when the children will be with each parent and how child-focused decisions will be made. Parenting plans typically include decision making…
Read MorePalimony
An income replacement– like alimony or spousal support –that may be awarded under a contract theory rather than an alimony law. The difference is that palimony is for people who…
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