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Delaware Premarital Agreements Package

Delaware Premarital Agreements Package

Name: Delaware Premarital Agreements Package
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.59 (350 reviews)

Category:

Delaware Family Law - Marriage - Agreements

State:

Delaware

Control #:

DE-P035-PKG

Format:

Instant download

Description

This package can be used by persons who have been previously married, or by persons who have never been married. It includes provisions regarding the contemplated marriage, assets and debts disclosure and property rights after the marriage. The forms describe the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce.

These forms are often used by individuals who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that prenuptial agreements provide are avoidance of costly litigation, protection of family and/or business assets, protection against creditors and assurance that the marital property will be disposed of properly.

Included in your package are the following forms:

1. Prenuptial Premarital Agreement without Financial Statements;
2. Amendment to Prenuptial or Premarital Agreement;
3. Financial Statements only in Connection with Prenuptial Premarital Agreement;
4. Revocation of Premarital or Prenuptial Agreement

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Premarital Agreement

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FAQ

Saving and Spending Strategies A prenuptial agreement should address the couple's future financial plans, including investment and retirement strategies. It should also cover how much income is to be paid into joint and/or separate bank accounts, and whether or not their will be any specific spending allowances.

Be in writing. Be signed by both parties of their own free will. They cannot be under duress or be pressured into signing the prenup. Be presented with full disclosure. Be fair and reasonable. Be signed by both parties before a witness and a notary.

In the event of divorce, a prenup can protect a spouse from being liable for any debt the other spouse brought into the marriage.A prenup can also protect any income or assets you earn during the marriage, as well as unearned income from a bequest or a trust distribution.

Despite the fact that a prenup is arranged before a marriage, you can still sign one after exchanging "I do's." This contract, known as a post-nuptial agreement, is drafted after marriage by those who are still married and either are contemplating separation or divorce or simply want to protect themselves from the

Just as a future asset can be protected by a prenup if adequately described, future income can also be treated as belonging to one partner but not both.

A good prenuptial agreement should be fair. It should be entered into between two consenting adults who know what they are doing. The agreement should be fair when it is signed and entered into, and also fair when it is be enforced, whether in the event of a divorce or death.

Putting the Agreement in Writing. Identify the parties and the document. After titling the document something like Premarital Agreement, you want to identify the two parties by full, legal names and state that they are both willingly entering into the agreement. State the intent of marriage.

Identify and divide separate and marital assets. Identify and allocate separate and marital debts. Spousal support concerns. Special considerations if you have children from a previous marriage. Keep property in the family. Child custody, parenting time, and child support.

Delaware Premarital Agreements Package

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Delaware Premarital Agreements Package

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