What You Need to Know About Prenuptial Agreements in Maryland
December 8th, 2020
Marriage is one of the most exciting chapters of life. In fact, marriage is so important that people often plan for their wedding for at least months in advance. That being said, just as you plan for marriage, it is wise to plan for divorce. Though there used to be a certain stigma attached to drafting prenuptial agreements, this is no longer the case, and many spouses simply see them for what they are: useful tools that can help protect certain assets from a potential divorce. If you and your future spouse who are not yet married would like to learn more about prenuptial agreements, please continue reading and speak with our Maryland family law attorney today. Here are some of the questions you may have:
What are the benefits of drafting a prenuptial agreement?
There are various potential benefits of drafting a prenuptial agreement, though the primary purpose couples draft prenuptial agreements is to outline what would happen with certain assets, should they ever get divorced. Prenuptial agreements can protect certain assets, protect you from debt, and can even shield your business from the equitable distribution, among other things.
How do I know if my prenuptial agreement is valid under Maryland law?
As with any other document, a prenuptial agreement means nothing if it is not considered valid and enforceable in the eyes of the law. For a prenuptial agreement to be considered valid and enforceable in Maryland, it must:
- Be in writing
- List a full disclosure of assets
- Be signed in front of a notary by both parties
- Not show any signs of manipulation, coercion, or deceit into signing the document
- Be fair and just to both parties
Can I draft a prenuptial agreement if I am already married in Maryland?
If you are already married, you cannot draft a prenuptial agreement in Maryland. However, you can still draft a postnuptial agreement, which essentially serves the same purpose, though it is drafted after marriage. If you have any additional questions about either of these documents or you are ready to get started, please do not hesitate to give our experienced Maryland family law attorney a call today. Our firm always here to help.
Contact our experienced Maryland firm
Here at the Ruben Law Firm, we understand how much your legal situation means to you. That is why we pledge to provide you with the personalized attention you deserve, every step of the way. Our firm is more than happy to assist you through matters of personal injury law, bankruptcy, family law, criminal defense, and estate planning. Attorney Ruben has helped clients achieve favorable results in a wide array of legal matters for years, and he is ready to do the same for you. Simply contact the Ruben Law Firm today.
Categories: Family Law