Basics of Prenuptial Agreements
A prenuptial agreement 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.
It is crucial for each party to be represented by separate counsel during the negotiation and drafting of creating a prenuptial agreement. To create a fair and legally enforceable prenuptial agreement, each party must disclose all their assets.
Prenuptial Agreements Commonly Address the Following Issues:
- 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
Protect Your Rights
If you are considering a prenuptial agreement, it is best to speak with an experienced Maryland attorney who can protect your rights and work with you in achieving a positive outcome.
An Experienced Lawyer You Can Trust
Ms. Zlatkus has helped negotiate and craft prenuptial agreements for several years. To learn more about prenuptial agreements, contact Z Family Law today.