Steps To Getting A Prenuptial Agreement
Simply put, a marriage contract (also known as a pre-marital contract or conjugal contract) is a contract that a couple signs before marriage to find their finances in the event of divorce. “Marriage contracts cover how a couple shares their finances, what is the separate property of each party (what they marry with) and how they would divide their home,” Schpoont says. “It can delineate how they would divide marital property, including marital debt — what they have, but also what they owe — and can also indicate how long a spouse or child can stay in a marital home during a divorce.” Here are a few other points you should understand about marriage contracts: Be sure to read the entire document before signing it. . . .