Prenuptial Agreement. Download online state specific prenuptial agreements form (Premarital Contract)

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Prenuptial Agreement<br>Related Legal Information  

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Couples Choose to Alter Spousal Rights Provided by Law.


Couples choose to alter their statutory rights for a number of reasons. Some people simply wish to have certainty as to Property rights and maintenance payments upon a potential divorce. By entering into a Prenuptial agreement, they eliminate much of the financial uncertainty associated with a divorce. A fairly negotiated Prenuptial agreement can provide some assurance to the wealthier spouse as to the extent of the financial impact of a divorce, while at the same time, providing the less wealthy spouse with some guarantee of his or her entitlement to a Property distribution and/or maintenance upon a divorce.
 
People who have children from a previous Marriage may wish to protect their assets for the ultimate benefit of their children. They may view a Prenuptial agreement as a means of protecting their assets in a divorce for the benefit of their children. A Prenuptial agreement, which addresses the rights of a surviving spouse upon the death of the other spouse, can protect the deceased spouse's estate for the benefit of descendants.
 
Sometimes parents encourage their adult children to enter into a Prenuptial agreement in order to protect assets owned by the child, which were accumulated by previous generations. Usually, a wealthy family wants to ensure that assets, which have been gifted to adult children, do not become vulnerable to the spouse in a divorce situation.
 
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