What is a marriage contract and when should it be used?

A marriage contract is a legal document that legally binds two spouses who are entering into a marriage. It outlines the assets, income, and rights of the couple during their marriage and after it ends. The document also outlines how marital property will be divided in the event of a divorce or the death of one of the spouses. It is recommended that Maryland couples who plan to get married enter into a marriage contract prior to entering into marriage. This will allow them to spell out the legal rights and responsibilities they each intend to take on during the marriage. For example, the marriage contract can specify how debts, marital property, and income will be divided between them. It can also specify limitations on the liabilities of the spouses. A marriage contract is an important tool for couples who plan to get married in Maryland. It provides protection for both parties and will help to resolve conflicts and disagreements that may arise during the marriage. It also may help to eliminate any confusion the couple may have in the event of a divorce or death of a spouse. By creating a marriage contract prior to marriage, couples can ensure that their rights and interests are protected regardless of the outcome of the marriage.

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What is a marriage contract and when should it be used?

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