A marital agreement is important in establishing expectations in a relationship. It can take the form of prenuptial or postnuptial agreements. Prenuptial agreements are contracts signed by couples planning to tie the knot soon. It aims to protect the interests of each couple in the event wherein both decided to go for a divorce. On the other hand, postnuptial agreements contain the desires and interests of couples after they have married.
What are the Contents of a Strong Prenuptial or Postnuptial Agreement?
For a marital agreement to be considered valid and legal, legal professional Lewis & Matthews, P.C. notes that it must meet the following requirements:
- The agreement must be in writing.
- The agreement must not address child custody.
- The provisions of the agreement must be reasonable.
- Both parties to the agreement must have their attorney.
- The parties to the agreement must disclose all their assets, income and liabilities.
Before drafting your marital agreements, you might need to visit with your lawyer so you will understand the process of writing an enforceable marital agreement. Find one that has requisite skills and years of experience to help you make the right decisions when divorce or death comes. It’s important that each party knows what to give up. A marital agreement should have clear objectives.
Well, before seeking legal counsel on matters relating to marital agreements, you will need to have a draft that you and your partner have come up with. It is important for you to ensure that all of your goals are dealt with by the marital agreement. If you have any questions or are unsure about an issue related to the marital document do not hesitate to voice your concern and discuss it with your lawyer. Don’t agree to what you are unsure about.