So, what happens when you already own property together? We have options in the questionnaire that address whether you have jointly owned property. In addition, you will need to add joint property to you financial disclosure.
Additionally, each partner is required to complete their own individual financial disclosure section in HelloPrenup, ensuring that entries are kept separate and accurate before integration into the final agreement.
Where do I add joint property?
If you own property with your fiancé before getting married, and would like to protect your interest in that property, you may add it to your financial schedule. HelloPrenup offers a place to list pre-marital jointly owned property and you can add this by going to the financial disclosure section.
To include shared assets accurately, you should navigate to the relevant category (such as Accounts for joint bank accounts or Properties for shared real estate assets), create a new entry for the joint asset, and confirm its shared status when prompted.
How do I add it?
HelloPrenup suggests that when you add this property, you specify what portion of that property you own, the value of your share, and any other identifying information (such as address, assessed value, etc). See screenshot below.
For example, use the 'Accounts' section for joint bank accounts or 'Real Estate' for shared real estate assets, ensuring the correct categorization and specifying shared status as required.
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