A Prenuptial Agreement Template That Can Keep Your Money in Your Pocket
Nobody wants to consider divorce before the marriage has begun, but the sad reality is that almost half of the married couples in America end up divorced. Getting a prenup may not be romantic, but it is a wise legal step to protect each spouse’s assets in case of a divorce.
If you are thinking about creating a prenup but find lawyer’s services expensive, there are ways to do it yourself. DoNotPay will show you where to find a prenuptial agreement template and how to create a prenup document with almost no effort!
What Does a Prenuptial Agreement Protect?
A prenup is a contract between two people who are about to get married. It is a legally-binding document that does more than protect the wealthier party’s possessions. More and more people nowadays are advised to sign a prenuptial agreement for many reasons. A prenup can help you:
- Avoid any arguments in case of a divorce
- Shield yourself from your spouse’s potential debts
- Pass separate property to your children from previous marriages
- Clarify your and your spouse’s financial rights and responsibilities during marriage
State courts are more accepting of prenups these days and see them as the means to protect both parties’ best interests. A prenup needs to be fair, understandable, and legally valid, or else your state’s court will dismiss it.
There is no reason to fret—you can still create a prenuptial doc yourself and make sure it presents your conditions in a clear way. One of the methods is to look for a prenuptial agreement template.
What Does a Prenuptial Agreement Sample Contain?
To be legally-binding, prenup agreements must include certain information. The prenup agreement template also needs to contain elements that make up a legal contract. Here is an overview of the essential premarital agreement components:
|Premarital Agreement Components||Details|
|Full names of both parties and the date of entering the agreement|
Non-marital property assets
|Non-marital property assets may include:
Both parties need to determine who gets the non-marital property assets in case of a divorce
|Both parties must establish which debts are considered non-marital property and which party will manage them in the event of a divorce|
Marital property (assets)
|Marriage assets may include:
Both parties need to determine which assets will be excluded from joint ownership
Businesses or business ownerships
|You should establish whether your business is separate property because a spouse has a right to partial ownership in the event of a divorce|
Savings and retirement accounts
|A premarital agreement can determine:
|A prenuptial agreement can help designate:
Separate property distribution in the event of death
|This component can help you divide the property between your spouse and your children|
Divorce caused by adultery or other specified reasons
|You can stipulate a financial punishment in case of adultery or other divorce causes|
How To Make Prenuptial Agreements Legally Binding
It is not enough to find a prenup contract template. You must follow a certain procedure to make sure the agreement won’t be dismissed in court. Take a look at the requirements that make your prenup agreement legally valid:
- Document must be in writing
- Parties must sign it of their own free will
- Agreement must be presented at full disclosure
- Conditions need to be fair and reasonable
- Document should contain both parties’ signatures and be witnessed by a notary
Where Can I Find a Prenup Agreements Template on My Own?
If you type in the required keyword in your Google search engine, you will find a myriad of prenuptial agreement templates. Before you choose any one of them, you should know that not many can apply to your situation. Every state has its regulations regarding prenups, and every couple has different conditions they want to include in their document.
You can write your own contract while consulting a lawyer, but legal services will most likely cost you a lot. If you want to save money and still end up with a professional document that your state’s court will approve of, consider using DoNotPay!
DoNotPay Can Help You Create a Bullet-Proof Prenup Agreement
Prenup agreements are not a joke. The document must contain all relevant points and present them in a clear way. You will most likely have to look up a bunch of legal terms to make your document legit. If that sounds like too much work, use DoNotPay!
We will create a document using the essential information you provide. All you have to do is:
- Open DoNotPay in your web browser
- Enter Prenuptial Agreement in the search field
- Provide details such as your and your future spouse’s names and addresses
- Wait for DoNotPay to create your personalized document
We can help out with other kinds of legal contracts! Access our app if you need:
- Operating agreements
- Lease agreements
- Custody agreements
- Non-compete agreements
- Independent contractor agreements
- Bill of sale documents
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