Md Prenuptial Agreements
While most things may be included in marital agreements, Maryland law does not allow for certain elements to be included in the agreements. Before marriage, marital arrangements are made for a number of reasons, but above all to protect the interests of both parties and to ensure that both persons enter the Union with a clear understanding of their finances and responsibilities, whether the marriage is successful or not. Some couples benefit more than others from the development of a marriage pact. A marriage agreement is a contract that you and your future spouse enter into in anticipation of the marriage. While you can use a prenup to protect assets or solve financial problems, it can also be used to solve a number of other potential problems before your marriage. Marital agreements not only reduce divorce disputes between you and your spouse, but also promote communication between the two of you on important issues before marriage. Thus, you begin your life by understanding each other about the important things. The relevance of financial disclosure being a key part of the marriage contract, it is better to be sure when preparing than to regret! At Ruben Law Firm, our legal team can help you with thought, diligence and compassion for your legal requirements. To learn more about our family law services, make an appointment or ask a question, call us today: (410) 766-4044. absolutely. There are many ways for couples to work cooperatively to create a marriage pact. During premarital mediation under the direction of a neutral mediator, engaged couples can discuss a wide range of marriage-related issues that may cause difficulties in the future. For example, premarital mediation can be used to obtain agreements on waiting for financial support, savings and spending styles, and even sharing real estate in the event of divorce or death.
Not necessarily. While it is customary for a party to use the services of a lawyer to devise a marriage pact, the content may be unacceptable to both parties. In many cases, a draft pre-agreement is nothing more than a starting point for communication. The content of a conjugal agreement is factual and should be tailored to the future needs of both parties. Many couples participate in premarital mediations, negotiations or collaborators to agree on conditions to be included in a conjugal agreement. If a marriage agreement is presented to you, it is important that the agreement be verified by an experienced lawyer who can declare your legal rights. In 2013, the Court of Special Appeals of Maryland ruled on an important case that describes the law on marriage contracts in the old-line state. In Stewart v. Stewart, the court upheld a prenupe in which the woman had rights over the man`s important pre-marital property, where she still had rights to the warranty and a fine, had a few days before the wedding to consult a lawyer and generally knew the man`s fortune. Marital agreements are factual and heritage, so they vary from case to case. Marriage agreements may include provisions for the sale of assets acquired before and during marriage, including: real estate, bank accounts, automobiles, personal property and old age assets.
The ability to take care of oneself and the availability or necessity of maintenance can also be addressed in a prenup. While there are some things that cannot be included in a valid marriage agreement, the list of things that can be added is quite complete.