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

A marriage contract, also known as a prenuptial agreement, is an agreement that is signed prior to marriage or civil union and outlines the rights and obligations of each spouse or partner. The contract outlines each party’s financial obligations, as well as ownership of any property or assets. In Washington, a marriage contract can be used as an important step in the marriage process and is recommended when entering into any type of legal relationship. It is especially beneficial for those entering into a marriage or civil union where there is significant inequity in wealth or economic resources. A marriage contract can also help protect each party’s assets should the marriage or union end in divorce or dissolution. It is important to note that marriage contracts are legally binding and should only be entered into after careful consideration. If you are considering signing a marriage contract, you should speak to an experienced attorney who can discuss the implications of the document and ensure that your rights are protected. In Washington, both parties must also have legal representation in order for the contract to be considered valid. Overall, marriage contracts can be a beneficial tool when entering into a marriage or civil union and should be used whenever there is a potential for significant inequity in assets or resources. It is important to get legal advice before signing any such document.

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