Delaware Prenuptial Property Agreement

State:
Multi-State
Control #:
US-0347BG
Format:
Word; 
Rich Text
Instant download

Description

A prenuptial agreement (also known as an ante-nuptial agreement) is a written contract created by two people planning to be married. The agreement typically lists all of the property each person owns, as well as their debts, and it specifies what each person's property rights will be after they marry and upon the death of each. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
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FAQ

The most common cons of prenups include: Doubt about the future ? Initiating a discussion about a prenuptial agreement often creates doubt between the couple. ... Destroys romance ? Talking about the terms of a prenup is anything but romantic.

Prenups can help to protect a partner's assets, such as business interests, inheritances, and investments. This can be particularly beneficial if one partner has accumulated significant wealth before the marriage.

As used in this section, ?cohabitation? means regularly residing with an adult of the same or opposite sex, if the parties hold themselves out as a couple, and regardless of whether the relationship confers a financial benefit on the party receiving alimony.

A prenuptial agreement does not cover the following: Child custody or visitation matters. Child support. Alimony in the event of a divorce. Day-to-day household matters. Anything prohibited by the law.

Trusts are, in many ways, more secure than a prenup. When you create a trust, your personal premarital assets are now the property of the trust as a separate entity, rather than being owned by you.

A prenuptial agreement isn't designed to promote divorce, but it can make the process much easier if a couple has to split.

Contact an Experienced Prenuptial and Postnuptial Agreements Lawyer. At Wahl Family Law we are experienced in negotiating and drafting prenuptial and postnuptial agreements. If you need a Wilmington Delaware Prenuptial Agreement Attorney, please schedule a confidential consultation by calling us at 302-658-2834.

"A prenup is less important if the parties do not have substantial assets, and/or do not wish to limit or waive spousal support in the event of a divorce or separation," Goikhman says. "Even in these circumstances, it's still a good idea to get a prenup to fully identify and define the goals and wishes of the parties."

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Delaware Prenuptial Property Agreement