Prenuptial & Postnuptial Agreement Lawyer in Annapolis
Ensuring Your Financial Rights are Protected
Prenuptial and postnuptial agreements specify how assets, debt, and property will be divided should a couple divorce in the future. Prenuptial agreements are created prior to marriage, while postnuptial agreements can be entered into at any time during the marriage. It is important to have family legal representation to ensure that your interests are protected. At Rice Law, our prenuptial and postnuptial agreements lawyers in Annapolis work to ensure that your agreement protects your interests.
What is a Prenuptial Agreement in Maryland?
A prenuptial agreement is a written contract signed prior to marriage that names the property and debts owned by each person and specifies how assets, property, and debt will be divided should the marriage end. People often choose to have a prenuptial agreement to protect the property rights of children from a previous marriage, clarify the financial and property rights of each spouse, or simply to avoid an acrimonious divorce.
What is a Postnuptial Agreement in Maryland?
Couples choose to enter into postnuptial agreements after marriage for several reasons. A postnuptial agreement covers the same issues as a prenuptial agreement, such as division of assets and debt, property rights, life and health insurance, spousal support, and other financial issues. For many, having an agreement in place solidifies the marriage and provides each spouse with a greater sense of security.
What Situations Can Benefit From a Postnuptial Agreement?
Some situations that may benefit from a postnuptial agreement include:
- Disputes involving finances
- A substantial change in financial status
- Starting a new business
- A desire to agree to asset and debt division in the event of a divorce
If you and your spouse are discussing creating a postnuptial agreement in Maryland, it is best for each spouse to have independent legal representation to ensure their interests are protected. At Rice Law, our prenuptial and postnuptial agreements lawyers in Annapolis guides our clients through the process and protects their interests in premarital and postmarital agreements.