Raleigh Prenup

State:
North Carolina
City:
Raleigh
Control #:
NC-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

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How to fill out Raleigh North Carolina Premarital Agreements Package?

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FAQ

You are not required by law to have an attorney draft or certify a prenuptial or spousal agreement in the State of North Carolina. However, divorce attorneys with experience in property distribution, alimony, and other family law matters will be able to help make sure you are completely covered.

There are certain essentials to creating a valid prenuptial agreement: The agreement must be in writing and executed before the marriage. The agreement must be fair and reasonable and based on full disclosure by both parties of all assets and liabilities. One lawyer cannot fairly represent both parties.

Based on ContractsCounsel's marketplace data, the average cost of a prenuptial agreement is $550 .

In theory, you could write your own prenuptial agreement ? or, you could use a form from a Do-It-Yourself (DIY) service. As with any legal document, if you take either of those approaches, you run substantial risks that your agreement or some of its provisions may not be enforceable under North Carolina law.

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.

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

Can You Write Your Own Prenup Agreement? The UPAA (California's Uniform Premarital Agreement Act) outlines the abilities and restrictions of prenups in this state. The law allows couples in California to draft their own prenuptial agreements.

The Limitations of Premarital Agreements in North Carolina While the Uniform Premarital Agreement Act recognizes prenuptial agreements as legally-binding contracts in North Carolina, the statute also places notable limitations on these agreements.

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.

Typically, prenups cost around $2,500, but can cost more if you spend a while haggling out various issues.

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Raleigh Prenup