Love, marriage, and the wisdom of planning: thoughts on a financial agreement
As we know, assets accumulated during the marriage are supposed to be divided in equal parts between the parties, in light of the existence of a joint effort and a clear sharing intention of the spouses. At the same time, a review of the provisions of the Financial Relations Law shows that in situations where there was no financial agreement between the spouses regulating the division of property in the event of a separation, the court or tribunal has the authority to determine that the balance of resources and in fact the division of the marital assets will not be carried out in an equal manner, i.e. half and half , but in other proportions, considering the future assets that will be accumulated by any of the parties.
In a world where love and economics collide, a financial agreement is an expression of emotional maturity and mutual responsibility. This is a document that reflects not only financial wisdom, but also deep respect for the marital partnership.
Why should you consider a financial agreement?
• Protection of family assets/businesses and property accumulated before marriage.
• Financial clarity: definition of joint responsibility and distribution of financial burden.
• Respecting the extended family: settling inheritance issues and the rights of children from previous marriages.
• Creating a balance: bridging economic gaps in a respectful and transparent manner.
It is important to understand, a financial agreement does not express a lack of trust, but on the contrary - it is an expression of deep trust and a desire to build a stable and safe future together.
As an expert in family law, I invite you to an in-depth conversation about shaping your joint future. Together, we can prepare a respectful agreement that reflects your values, your ambitions and your vision for a life together.
For a professional consultation, contact us
Maya Kedem, attorney and mediator
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