Keywords: Prenuptial Agreement, divorce separation, legal separation laws
A prenuptial marriage agreement is the name given to a notarized and signed contract that mentions how the monetary aspects of a marriage would be handled by a couple. These contracts are also referred to as “Prenups” or “Premarital agreements”. These establish the right to finances and property of each spouse during a divorce. Unlike what many people think, these agreements are not meant for only the rich. Although these used often by rich people to protect their assets, couples having more modest finances are also turning more and more to these. Know about some of the top reasons to go for a Prenuptial Agreement.
Clarify financial rights
Couples having wealth and children, or not having the same, might just like to make their responsibilities and financial rights clear at the time of marriage. This can be very useful at the time of filing for a divorce separation, if the marriage does not go well as planned.
Receive protection from debts
Such contracts may even be used for protecting spouses from the debts incurred by each other, and they can also address many other issues. Although legal separation laws dwell on this aspect of marriage, pre-nuptial agreements can deal with these beforehand. You may download a separation agreement online from this website – forms.legal
Pass on separate property to kids from previous marriages
A couple marrying with kids from previous marriages might use a pre-nuptial agreement for mentioning what would occur to their property once they are no more, so that they may pass on separate properties to kids and still look after one another if required. In the absence of such an agreement, a surviving spouse can have the right of claiming a major part of the property of the other spouse, and leave a lot less for the children.
Preventing arguments in divorce
By mentioning beforehand how property would be divided and whether any alimony is involved, potential arguments can be avoided during a divorce. Get free agreements for legal separation in Texas or separation in Maryland here at forms.legal website.