What is a postnuptial agreement?

A postnuptial agreement is a legal document that is made between a married couple after they are married. It is also known as a post-marital agreement. This agreement usually outlines the rights and responsibilities of each spouse in the event of a divorce or separation. In Maryland, a postnuptial agreement is a valid and enforceable document that will be enforced by the court. It is important to note that the court will only enforce it if both parties had legal representation when they entered into the agreement and if it is determined to be fair and reasonable. In the agreement, the couple can choose how to divide their assets, debts, and income in the event of a divorce or separation. It is also common for couples to outline spousal support and custody of children in the agreement. Also, couples may also agree on how they will handle financial issues, such as how to manage a joint bank account or how to determine an inheritance. Overall, postnuptial agreements are important documents for couples in Maryland, as they outline the rights and responsibilities of each spouse in the event of a divorce or separation. It is important that the agreement is fair and reasonable and that each party has their own legal representation when entering into the agreement.

Related FAQs

What is collaborative law?
What is a post-divorce modification?
What is marital misconduct?
What is a contested divorce?
What is a separation agreement?
What is division of marital property?
What are the legal requirements for a divorce?
Can a divorce be overturned?
How do I modify a divorce decree?
Are there any defenses to a divorce action?

What is a postnuptial agreement?

Related FAQs

Related Blog Posts