How to protect your assets before and after marriage
Mumbai, May 29 -- When marriages end in divorce, it can get quite ugly, especially when it comes to dividing property and assets.
The courts award both interim maintenance and final settlement amounts, even in the case of mutual divorce.
These can impose a heavy burden upon one of the spouses.
According to lawyers that Mint spoke to, several solutions are available. While none of them is foolproof, each can reduce the risk in litigation.
Marriage is generally entered into with the thought of living 'happily ever after' and few imagine that things will go sour.
However, a certain percentage of marriages fail every year. There are no defined laws on the division of assets and court judgments can vary hugely according to the view taken by the ...
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