Highlight In Legal Virginia Premarital Forms For Free

Though they can be a helpful tool, prenups aren't the only way to align with your future spouse on crucial financial decisions. It's just as important to have open communication about your assets and a clear, mutual understanding of ?yours, mine and ours.? In fact, some lawyers think a prenup may not be necessary.

Prenups in Virginia are expressly allowed by the Virginia Premarital Agreement Act (Va. Code §§20-147 through 20-155), which sets forth the requirements for entering into a legally enforceable Virginia Prenuptial Agreement, including the content that can and cannot be included in a premarital contract.

Prenups in Virginia Prenups can also limit the financial and emotional expense of divorce. While you don't have to visit an attorney to draft a prenup in Virginia, prenuptial agreements must be in writing to be legally valid, and must meet other requirements.

In Virginia, spouses who do not have a written prenuptial agreement have their marital property divided by the divorce court based on a system called equitable distribution.

How to Make a Prenuptial Agreement (6 steps) Discuss Each Other's Intentions. Determine Affordability. Seek Legal Counsel. Make a List of Financial Assets. Negotiate and Agree to Terms. Sign the Agreement (Requirements)

Many couples ask this question when planning to get married in Virginia. Let's explore this question and review some general information about prenuptial agreements and how they can protect your assets. Based on ContractsCounsel's marketplace data, the average cost of a prenuptial agreement in Virginia is $750.00.