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Prenuptial Agreement
This Prenuptial Agreement ("Agreement") is entered into on [Date], by and between:
[Your Full Legal Name], hereinafter referred to as "Party A,"
and
[Spouse's Full Legal Name], hereinafter referred to as "Party B."
RECITALS
Party A and Party B intend to marry and desire to set forth their respective rights and obligations regarding their property, assets, and finances in the event of divorce, separation, or the death of one of the parties.
1. Financial Disclosure
Both parties acknowledge that they have made a full and fair disclosure of their financial circumstances and assets to each other.
2. Property Division
Party A and Party B agree that the assets they each bring into the marriage, including income from such assets, shall remain separate property, not subject to division in the event of divorce or separation.
3. Marital Property
Assets and property acquired during the marriage shall be considered marital property. In the event of divorce, they shall be divided as follows: [Specify the terms for the division of marital property, e.g., equally, as per a specific percentage, etc.].
4. Debt Responsibility
Each party will be solely responsible for any debts acquired before or during the marriage in their respective names.
5. Alimony or Spousal Support
Both parties waive their rights to claim alimony or spousal support from each other in the event of a divorce.
6. Inheritance and Estate Planning
This Agreement does not affect inheritance rights. Each party retains the right to distribute their assets and property through a will or trust.
7. Business Interests
Any business interests owned by either party before or during the marriage shall remain the separate property of the owning party. Their value and control shall not be subject to division.
8. Legal Counsel
Both parties acknowledge that they have had the opportunity to seek independent legal counsel and have chosen to proceed without duress or coercion.
9. Governing Law
This Agreement shall be governed by the laws of [Your State/Country].
10. Entire Agreement
This Agreement constitutes the entire understanding between the parties concerning their financial matters and supersedes any prior agreements or understandings.
Execution
The parties hereto execute this Agreement voluntarily, without any undue influence, on the date first above written.
Party A: _______________________________ Date: _______
Party B: _______________________________ Date: _______
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