Analysis Of James And Kaira 's Responsibilities Essay example

939 Words Jun 29th, 2016 4 Pages
James Prettyboy and Kaira Farrell contemplate marriage in the near future and wish to establish their respective rights and responsibilities regarding each other 's income and property and the income and property that may be acquired, either separately or together, during the marriage. The prenuptial agreement as it relates to the distribution between both spouses as it relates to subjects such as financial matters, housework and childbearing rearing responsibilities are outlined in the full.
Husband and wife have made a full and complete disclosure to each other of all of their financial assets and liabilities. In terms of financial matters, I do not expect my spouse to handle all of the finances on his own, neither should he have me work on my own. We shall both have a joint account to which we will both contribute at least $500 each month. The funds in this account will go towards any bills, children, school fees and emergency expenditure. Additionally, we will both have our own separate accounts which will go towards any purpose either of us should so desire. Upon separation, should we have children in the future, the majority of the funds within the joint account shall go the one who has custody of the children. If joint custody is to be settled on, then the majority of the money shall go towards the parent who gains primary physical custody of the children. This decision will be addressed in detail. When one or the other shall die, the funds within both joint and…

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