Boston Massachusetts Premarital Agreements Package

State:
Massachusetts
City:
Boston
Control #:
MA-P035-PKG
Format:
Word; 
Rich Text
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

The Boston Massachusetts Premarital Agreements Package is a comprehensive set of legal documents and services designed to assist couples who are planning to get married in the state of Massachusetts in creating a premarital agreement. Also known as a prenuptial agreement or a prenup, a premarital agreement is a legally binding contract that outlines the rights and obligations of both spouses in the event of a divorce or separation. The Boston Massachusetts Premarital Agreements Package includes various key components essential for the creation of a premarital agreement. Firstly, the package provides couples with detailed guidelines and information on the process of drafting a prenuptial agreement. This includes explanations of the legal requirements and considerations to be taken into account, ensuring that couples fully understand the implications of entering into such an agreement. The package also offers customizable prenuptial agreement templates that couples can utilize as a starting point for creating their own personalized agreement. These templates cover a wide range of topics typically addressed in premarital agreements, such as the division of assets, spousal support, and property rights. Couples can modify these templates to suit their individual needs and circumstances, ensuring that the agreement reflects their specific wishes and arrangements. Furthermore, the Boston Massachusetts Premarital Agreements Package provides access to legal professionals and experts specializing in family law. Couples can consult with these professionals to seek advice, clarification, and guidance throughout the process of drafting their premarital agreement. The legal experts can provide valuable insights into the relevant laws and regulations in Massachusetts, helping couples make informed decisions while drafting their agreement. It is important to note that the package may offer different types or levels of service, catering to the varying needs and preferences of couples. For instance, some packages may include additional features like document review services, where legal professionals thoroughly examine the drafted agreement to ensure its legality and enforceability. Other packages might offer one-on-one consultations with attorneys, enabling couples to receive personalized guidance and advice regarding their specific circumstances. In summary, the Boston Massachusetts Premarital Agreements Package is a comprehensive and customizable resource that assists couples in creating a prenuptial agreement. With prenuptial agreements becoming increasingly common, especially among couples with significant assets or complex financial situations, this package offers the necessary tools, information, and legal expertise to ensure a fair and enforceable agreement that protects the rights and interests of both spouses.

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How to fill out Boston Massachusetts Premarital Agreements Package?

Are you seeking a reliable and affordable provider of legal form templates to purchase the Boston Massachusetts Premarital Agreements Package? US Legal Forms is your prime choice.

Whether you need a simple agreement to establish guidelines for living together with your partner or a collection of documents to facilitate your divorce proceeding, we've got you sorted. Our platform features over 85,000 current legal document templates for personal and commercial purposes. All templates we provide are not one-size-fits-all and are tailored to meet the regulations of specific states and counties.

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FAQ

Traditional Prenups According to Business Insider, the cost of a traditional prenup could range from $2,500 to $10,000+ per partner. If you're dealing with an attorney, you need to remember that pretty much all of the time you spend with them is on the clock- they usually bill by the hour.

Prenuptial Agreements: The Massachusetts Legal Standard The terms in the agreement are legally binding and can be executed if the marriage ends in divorce. As noted above, Massachusetts law enforces prenuptial agreements if they are valid when executed and are conscionable at the time of divorce.

In order for a prenuptial agreement to be enforceable in Massachusetts, it must be fair and reasonable at two times of analysis: first, it must be fair and reasonable at the time it was signed before the marriage; second, it must be fair and reasonable at the time of divorce, when it is requested to be enforced.

When it comes to monetary assets, a prenup can also protect the future earnings of one or both parties so they are not up for grabs during a divorce.

A prenup should cost between $1500-$4000 for each attorney (there needs to be 2 Boston prenup lawyers, one for each spouse) depending on the complexity of the agreement and the expertise of the lawyers involved.

Unconscionability Invalidates a Prenuptial Agreement One party signed the agreement involuntarily or not by choice. One party demonstrates that the other party did not divulge all relevant information. One party can prove he/she was not allowed access to an attorney before signing the prenup.

The law does not allow a couple to include any terms regarding child custody, visitation or support in a prenuptial or postnuptial agreement. This is because a judge will make these decisions in a divorce case based on the child's best interests.

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.

Prenups can cost anywhere from $1,500 to $10,000, depending on how complicated they are.

Be a written contract?no verbal agreements. Have lawful terms within the prenup. Include the signatures from both parties. Must be signed voluntarily (can't involve coercion, duress, intimidation, or deceit)

More info

We provide up-to-date news articles, summaries, research and other relevant information regarding prenuptial agreements. A complete prenup platform, engineered to get you back to planning your wedding.Do you want to work together to reach an agreement outside of divorce court?

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Boston Massachusetts Premarital Agreements Package