Maine 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

Can a prenup protect my house? In short, yes, a prenup can protect your house. Describing future assets in great detail in your prenup agreement can protect home purchases or income down the line.

A prenup that leaves one spouse entirely without financial support or basic necessities could be deemed unenforceable or subject to revision.

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.

Maine follows the Uniform Premarital Agreement Act, written by the National Conference of Commissioners on Uniform State Law in 1983, and this act encourages the enforcement of prenuptial agreements. ing to this act, prenuptial agreements must: Be in writing; no oral prenuptial agreements.

California's Unique Prenup Rules The new law, written in California's Family Code § 1615 (c)(2)(B), covers prenuptial agreements executed on or after January 1, 2020. For individuals seeking prenups after this date, California requires that both parties wait seven days at minimum to review the terms before signing.

If you want a valid prenup in California, you must follow the 7-day rule. No if's, and's, or but's about it. As the name suggests, the 7-day rule requires a full seven calendar days between the time the final prenup is presented to the other party and the time the parties sign the agreement.

The most common grounds to dissolve a prenuptial agreement include coercion or duress, unconscionability, and failure to disclose.

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Maine Prenuptial Property Agreement