Prenuptial agreements are contracts entered prior to marriage to address issues during the marriage and in the case of divorce. Prenuptial agreements are not required. However, some people feel more comfortable launching into marriage with some financial protections in place. A common use for prenuptial agreements is to ensure someone’s sole property (property obtained prior to the marriage or by gift or inheritance during the marriage) remains his or her sole property in the case of a … [Read more...]
Using Mediation To Form A Prenuptial Agreement In Arizona
February 2, 2011 By Leave a Comment
A prenuptial agreement is a contract between two parties who intend to marry detailing their money-related agreements. Arizona refers to these agreements as “premarital agreements” and defines them as agreements: “between prospective spouses that is made in contemplation of marriage and that is effective on marriage.” Agreements can address issues during the marriage, and in the case of divorce. To be valid, the agreement must be in writing and signed by both parties. One can fight the … [Read more...]
