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Author Question: Partners can deduct their portion of partnership losses from their personal income. Indicate ... (Read 40 times)

lunatika

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on: Jun 24, 2018
Partners can deduct their portion of partnership losses from their personal income.
  Indicate whether the statement is true or false

Question 2

Discuss the requirements for a valid prenuptial agreement.


alexisweber49

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

The agreement should be presented in advance. The spouses should have independent counsel and a chance to review the agreement. There should be knowledge about the extent of the spouse's estate.


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