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Montana Prenuptial Premarital Agreement without Financial Statements

State:
Montana
Control #:
MT-00590-B
Format:
Word; 
Rich Text
Instant download

Description

This form package contains a premarital agreement for your state. The agreement 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 agreement describes the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce. These contracts 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 disposed properly.

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FAQ

The average cost of a prenup ranges from about $1,200 for low-cost, simple agreements to $10,000 for more complicated situations.

You don't have to visit an attorney to draft a Prenup Contract, but Prenuptial Agreements must be in writing to be legally valid.Many individuals utilize online Prenuptial Agreements legal forms as the basis for drafting their agreements.

You don't have to visit an attorney to draft a Prenup Contract, but Prenuptial Agreements must be in writing to be legally valid.Many individuals utilize online Prenuptial Agreements legal forms as the basis for drafting their agreements.

The cost of a prenup is typically $2,500, according to US News & World Report. Estate-planning attorney Ann-Margaret Carrozza told LearnVest couples can expect to pay $1,200 to $2,400 but that's "if your finances are straightforward." The cost of a prenup depends on where you live.

A written contract. Lawful terms within the prenup. Signatures from both parties. Signed voluntarily (without coercion, intimidation, deceit or duress) Signature from a notary. At least seven days to seek independent legal counsel before signing.

A prenuptial agreement (known as a prenup) has the purpose of establishing certain assets brought into the marriage and protecting them in the event the marriage should fail or one of the partners becomes deceased. Another purpose for a prenup is the protection of an inheritance.

Generally speaking, prenuptial agreements are enforced if they meet these basic requirements: The agreement addresses the rights and responsibilities of each party in property of either or both. The agreement is in writing and is signed by both parties prior to their marriage.

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.

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Montana Prenuptial Premarital Agreement without Financial Statements