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

Since there is no specific family law statute in Maryland regarding prenuptial agreements, they are governed by contract law.
  • 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.

For more information, contact us today.

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