Prepare a prenuptial agreement for ed and molly

Assignment Help Business Law and Ethics

Reference no: EM133282526

Question: This is question one please help answer it Ed and Molly are engaged to be married in your state, and both have agreed to enter into a prenuptial agreement.

Ed is a self-employed business consultant. The business has few tangible assets: a Mac, desk, and some books. The intangible property has no market value and consists mostly of goodwill.

Molly is an attorney whose current salary is $70,000 per year, but she plans to discontinue working as soon as Ed and Molly have children.

Ed owns a house in your city and state that the couple plans to live in once they are married. He also owns a 2010 Dodge pick-up. He has a money market account with $50,000.00 that he inherited last year.

Molly has a 401(k) plan at work and owns a 2015 Toyota Corolla. She has been renting an apartment and owns a laptop, tablet, some personal property and clothing.

Prepare a prenuptial agreement for Ed and Molly.

Reference no: EM133282526

Questions Cloud

Compare sociological theories on marriage-family perspective : Contrast the differences among the main sociological theories on marriage and family perspectives. Which one most closely aligns with your ideas?

Casella Waste Systems : Is there a well-defined or emerging culture composed of shared beliefs, expectations, and values?

What factors he must consider on how to raise capital : What is his potential liability as an individual and what can he do to limit his risk? What factors he must consider on how to raise capital

Apply a fairness standard to a contract dispute : Apply a fairness standard to a contract dispute. Discuss if the Equity Doctrine should be permitted in a contract case.

Prepare a prenuptial agreement for ed and molly : Prepare a prenuptial agreement for Ed and Molly - Molly has a 401(k) plan at work and owns a 2015 Toyota Corolla. She has been renting an apartment

Determine the appropriate course of action : What will you do? Explain how the 5 factors described in the Module 1 Business Ethics video can be used to help you determine the appropriate course of action

How internal audit relates to coding claims : Describe how healthcare organization should respond to a formal request for an audit by an internal reviewer and how internal audit relates to coding claims.

Has elvis been spotted again : Her father sues Wise for copyright infringement. Wise claims protection under the fair use doctrine. Who will prevail? Explain

How should a corporation attempt to achieve synergy : Network Structure Question - How should a corporation attempt to achieve synergy among functions and business units

User Account

All Pages