Sample Prenuptial Agreement Arizona
Stewart Law Group has experienced and thoughtful marriage contract lawyers in Phoenix, Scottsdale, Chandler, Glendale, Mesa, Peoria, Tempe and Gilbert. Our legal team strives to provide all our clients with the highest quality of legal advice. To speak to one of our lawyers or to arrange a confidential consultation with a lawyer, call 602-548-3400, complete our online contact form or email your question to firstname.lastname@example.org today. They do not need a prenup lawyer for the agreement to be legally binding. If both partners choose not to have a lawyer, they may waive the right of legal representation. By renouncing the right to “independent legal advice” from a lawyer representing each person, you both accept the following statements: If you decide to end your marriage without Prenup, you will probably have to use a divorce agreement to determine how you divide your business. There are a variety of reasons why you might want to avoid accumulating common property and instead be your income to you, and your spouse will be theirs. The main reason may be the protection against possible debts. If your spouse has a lot of premarital debt or potential debts that could turn into legal action and you are the largest beneficiary of income, it may be advantageous to avoid the accumulation of common property. This debt would belong to your spouse anyway, but otherwise all income would be in common during the marriage. As a result, your spouse`s creditors could come after half of your income to settle these separate debts. A marital agreement can protect against this by making all of your income your separate property, which cannot be used to cover a debt that is not yours. If you prefer a hands-on approach, download one of our free examples of marital agreements and fill it out yourself.
Be sure to provide each spouse`s full name and address as part of the contact information. Before signing a prenup, you must also include the following information in the following sections: The agreement will take effect if the parties actually marry, but not before. Under Arizona law, a properly drafted and executed marriage agreement is applicable without consideration. (Reflection is something useful or valuable that is given in exchange for a promise or benefit – it is the incentive to contract.) Arizona law treats child care as the child and, therefore, the child (born or unborn) is not legally in a position to enter into a contract. As a result, a child custody contract is generally not enforced by the court because the child is unable to enter into the contract (children are considered unable to enter into a contract until they are 18 years old). In addition, both parents (or future parents) who sign a matrimonial agreement do not own child care and are therefore not entitled to child care. Pre-marriage agreements cannot solve all problems. Arizona law limits the scope of prenupes and determines what may or may not be included in the agreement. A marriage contract may explicitly stipulate that the most disadvantaged partner receives or does not receive financial assistance. However, state laws differ in the question of whether a spouse can fully renounce or renounce the right to spousal support or allowance altogether.
A marital agreement is often of golden value: download this prenup model in MS Word, or check out an example of a pdf of a marriage agreement concluded to see what this document is filled with.