12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Orientation to Pre-Nuptial Agreements in Bangor, ME

Orientation to Pre-Nuptial Agreements in Bangor, ME


A successful marriage requires falling in love many times, always with the same person.
 
- Mignon McLaughlin


A prenup is a contract entered into prior to marriage, civil union or any other agreement that typically includes provisions for division of property and spousal support in the event of divorce or breakup of marriage.

Premarital Agreement is a newer term used to refer to this document. In some states it is called an antenuptial agreement or simply a contract. If contact or agreement is signed after marriage it is known as postnuptial or marital agreement.

Who Needs a Prenuptial Agreement?

Prenups are not just for affluent people. This is commonly perception because prenuptials are often used as a means to protect the assets of the rich. Presently, couples of modest means use this agreement as a means to achieve their goals such as:

• Passing on separate properties to children from prior marriage. Having a prenuptial agreement by couples who have children from prior marriages can be a binding document which can be used to bequeath their respective children property if they pass away. The surviving spouse can usually claim a larger share of the property in the absence of a prenuptial agreement.

• Financial rights. This document can clarify the financial rights and responsibilities of couples, with or without children, wealthy or not.

• Avoid conflict during a possible divorce in the future. Having a prenuptial agreement can prevent potential arguments about the financial settlements and division of property during a divorce. Less uncertainty may lead to less acrimony. Some states will scrutinized heavily if a spouse gives up the right to alimony. It may not be enforced if it was found that the spouse did not understand what they were signing.

• Get protection from debt. Prenups can address a variety of issues and can help protect spouses from each other's debts.


Having No Prenuptial Agreement

During divorce or death, state law will determine who will own the property acquired during the course of marriage when no prenuptial document is available. Depending on the state, this acquired property may be known as marital or community property.

Since marriage is considered as a contract between two people, certain automatic property rights can accompany the union. Without a prenuptial agreement, the spouse has the right to:

• Shared ownership. Property acquired during the course of marriage is expected to be divided by the spouses in case of death or divorce.

• Debts incurred during marriage that the other spouse may have to pay

• Marital or community property, which has to be shared in terms of management and control. The spouse can have the right to sell or give it away.


These are just a few of the things that may occur in a marriage without a prenuptial agreement. If this is not your preference, signing a prenup agreement is a good way to let you and your partner decide how your property should be handled. These laws are also known in other names such as marital property, probate laws and divorce.

How to Make Sure Your Prenuptial Agreement is Valid

Historically, courts were suspicious of prenups because they usually involved a waiver of legal and financial benefits by a less wealthy and less financially sophisticated spouse. As divorce and remarriage have become more prevalent, and with more couples opting for prenups, courts are increasingly willing to enforce Premarital Agreements. Nevertheless, a prenup that is judged unfair or otherwise fails to meet state requirements will still be set aside.

It is important that you negotiate and write up your agreement in a way that is clear, understandable, and legally sound. You can check out a free preview of a prenup at 12Law.

 
Personalize & Print a Free ME Premarital Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Related Legal Services near Bangor, ME
Goldsmith, Jerry - A Medical Malpractice Firm
139 State St
Bangor, ME 04401
(207) 990-9999
Attorneys,  Personal Injury Law Attorneys,  Legal Service Plans,  Insurance Attorneys,  Product Liab
Weatherbee Law Office
51 Haymarket Sq
Bangor, ME 04401
(207) 942-9900
Attorneys, General Practice Attorneys
Smith Stephen C
9 Central St
Bangor, ME 04401
(207) 941-9842
Attorneys
Stewart Andrew
96 Harlow St # 8
Bangor, ME 04401
(207) 947-9744
Attorneys
Szewczyk David F
15 Columbia St
Bangor, ME 04401
(877) 331-9400
Attorneys
Tzovarras Hunter J
23 Water St # 407
Bangor, ME 04401
(207) 262-9300
Attorneys, General Practice Attorneys, Legal Service Plans
Beaupain Dean A
71 Broadway # 1
Bangor, ME 04401
(207) 947-9242
Attorneys, Legal Service Plans
Silverstein Jeffrey M
9 Central St # 209
Bangor, ME 04401
(207) 992-9158
Attorneys Referral & Information Service, Attorneys, Legal Service Plans
Carolyn Adams
275 French St
Bangor, ME 04401
(207) 945-9080
Attorneys, General Practice Attorneys, Legal Service Plans
Hamrick Dennis R
78 State St
Bangor, ME 04401
(207) 947-9067
Attorneys, General Practice Attorneys
Mogul Steven J
23 Water St
Bangor, ME 04401
(207) 667-8782
Attorneys, Legal Service Plans
Pelletier Dawn M
43 Columbia St # 18
Bangor, ME 04401
(207) 941-8443
Attorneys, Legal Service Plans
Russell Edward C
145 Exchange St # 3
Bangor, ME 04401
(207) 942-8244
Attorneys, Legal Service Plans
Silverstein Jeffrey M
145 Exchange St
Bangor, ME 04401
(207) 942-8244
Attorneys
Heald Nan
115 Main St # 2
Bangor, ME 04401
(207) 942-8241
Attorneys
Pine Tree Legal Assistance Inc
115 Main St Fl 2
Bangor, ME 04401
(207) 942-8241
Attorneys, Legal Service Plans
Bower David A Law Office
216 Forest Ave
Bangor, ME 04401
(207) 947-8142
Attorneys, General Practice Attorneys
Gateway Title of Maine Inc
165 Longview Dr
Bangor, ME 04401
(207) 941-8084
Title Companies,  Escrow Service,  Real Estate Title Service,  Attorneys,  General Practice Attorney
Szewczyk David F
1 Cumberland Pl # 314
Bangor, ME 04401
(207) 947-7677
Attorneys, Legal Service Plans
Conte William W
979 Essex St # 422
Bangor, ME 04401
(207) 947-7297
Attorneys
Weeks Paul A
82 Columbia St # B-2
Bangor, ME 04401
(207) 262-7199
Attorneys, Legal Service Plans
Bloomer Kirk D
326 State St
Bangor, ME 04401
(207) 942-7110
Attorneys,  Attorneys Referral & Information Service,  General Practice Attorneys,  Legal Service Pl
Brown Paul R
23 Water St
Bangor, ME 04401
(207) 947-6915
Attorneys, Legal Service Plans
Clayton Jane S E
23 Water St # 300
Bangor, ME 04401
(207) 947-6915
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US