Prenuptial Agreements

Just Because You Buy Insurance, Doesn’t Mean Your House Is Going to Burn Down

Creating a Shared Vision for Your Future

Having a prenuptial agreement in Maryland does not mean that you and your spouse are anticipating a divorce before the marriage has even started. Instead, it allows you and your spouse to take an honest look at your respective finances and put financial expectations on the table before your wedding.

What Is a Prenuptial Agreement?

A prenuptial agreement in Maryland is a contract entered into by a couple prior to their wedding. Its central purpose is to addresses property division in the event of divorce. Prenuptial agreements are common when parties are in very different financial positions going into their marriage. Having this honest financial discussion with each other and a prenuptial agreement lawyer prior to a wedding ceremony can be a very positive experience.

Benefits of a Prenuptial Agreement

A prenup will allow you and your future spouse to make decisions about what will happen to your finances in the case of divorce, rather than allowing the state you live in to make that decision. Prenups are created during a time that you and your spouse are committed to love, teamwork, and doing what’s best for the other person in the couple, rather than figuring everything out during a highly contested divorce.

Growing Popularity

Prenups are shedding their stigma and becoming increasingly popular among Americans, especially millennials. Prenups set expectations for a division of assets and finances in the event of divorce. They may not be romantic to bring up, but most couples will benefit from having one.

Issues Commonly Addressed in a Prenuptial Agreement in Maryland

  • Division of property and assets acquired before and after the marriage
  • Spousal support (or alimony)
  • Inheritance rights

Topics That Cannot Be Addressed in Prenuptial Agreements:

  • Child support
  • Child custody and visitation

Such provisions are considered contrary to public policy and will not be enforced by the Court.

Protect Your Rights

When establishing a prenuptial agreement in Maryland, it is crucial for each party to be represented by separate counsel during the negotiation and drafting of the agreement. To create a fair and legally enforceable prenuptial agreement, each party must disclose all their assets. Since there is no specific family law statute in Maryland regarding prenuptial agreements, they are governed by contract law.

If you are considering using a prenuptial agreement lawyer, it is best to speak with an experienced Maryland attorney who can protect your rights and work with you in achieving a positive outcome.

Finding the Right Prenuptial Agreement Lawyer

The attorney who was the perfect fit for your neighbor, your sister, or your co-worker may not be right for you. And it may not just be a matter of personalities meshing; every couple is unique, and finding a lawyer with experience in the specifics of your case for creating a prenuptial agreement in Maryland is key to setting up a marriage that fits your vision for the future.

Why Choose Z Family Law Firm?

The clients who entrust us with their cases say it’s because of our warm, caring approach that delivers results, and dedication to practicing family law ethically, gracefully, thoughtfully, and compassionately, even when the opposing side doesn’t.

We exist to empower clients to achieve the best version of their next chapter. A family law matter isn’t the end of your story – it’s the beginning of a new chapter where you can reinvent yourself.

It’s our goal to offer compassionate counsel through life’s unexpected challenges, and we strive to achieve it every day in every situation, every case, and every client.

Rockville MD Divorce Attorneys

Related Reading: Prenup Blogs

Image of wedding rings. Book Review: “I Now Pronounce You Financially Fit: How to Protect Your Money in Marriage and Divorce” by Pam Friedman. Book review by Inna Loring, Esq.

Book Review: “I Now Pronounce You Financially Fit: How to Protect Your Money in Marriage and Divorce”

“A theme that runs throughout the book are the hazards of making financial decisions based on emotion. While feelings and emotions may lie at the heart of the marital relationship, the institution of marriage is one of inextricable financial ties. The clear-cut and candid tone of the book does not guilt the reader, but simply presents a sobering choice: bring emotion into a financial relationship at your own risk…”

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