Prenuptial Agreement Maine
Marriage without Prenup leaves a lot to chance. If you marry without a valid prenup, sign up for the standard divorce rules of the state in which the divorce is sought. Of course, you can try to make a deal after your marriage; but if you don`t agree on some fundamental issues, you stick to those standard rules. In addition, the applicability of post-marriage contracts is not guaranteed in all countries. In the state of Maine, for example, money earned during marriage is a matrimonial property, even if you deposit that income into a pension account. If it makes you rub the wrong way for your pension account to seize in case of divorce, a prenup and your spouse gives you the opportunity to make your own rules. In a prenupe, you can decide for yourself how things should be shared “equitably” among yourself, based on what you think is right in your specific circumstances. Before the wedding, you both have the best negotiating positions. If there are fundamental disagreements, you can get legal advice, continue discussions, delay marriage plans or simply leave. Pre-marital agreements can be an intelligent estate planning tool that you should consider before you get married, and to ensure that all marital problems and potential conflicts are covered, it is helpful to get alongside a leading Portland Prenup region and a divorce lawyer. Whether you are competently consulting and supervising in accordance with Maines` prenupe and marriage laws, or receiving independent legal advice, Susan Schultz, a lawyer from Portland, will carefully listen, defend your interests and, if necessary, initiate family courts in Maine.
The Maine Pre-Marriage Agreement is a contract that a couple can sign before marriage and declares their legal rights after marriage and in the event of a divorce or death of their spouse. Most of the powers under a matrimonial agreement relate to the control of property and finances. Under the terms of p. 606, marital agreements become invalid within the eighteen (eight) months in which the couple becomes guardian of a child, unless the contract is changed during that period. In addition, an agreement may be struck down if it is determined that the contract was unacceptable or that a party has been under undue pressure to sign it. A marriage agreement can only be amended or revoked by a written agreement signed by both parties. In the past, marital agreements were an instrument for the rich to protect their lands, but today, marital agreements are much more common. According to data from the 2013 American Community Survey of the U.S. Census Bureau, 10 percent of Maine women and 11% of Maine men are divorced, and with such high divorce rates, many engaged couples choose to get married. Marriage contracts in Maine cover a wide range of issues and potential conflicts in the event of divorce or death. Keep in mind that marital agreements do more than protect a spouse with a disproportionate fortune.
Prenups determine all financial rights and responsibilities before marriage. Marriage contracts can be particularly useful as part of your overall succession plan. As a general rule, couples can list their estate, considered a “separate property” different from “marital property.” This distinction is important when the couple chooses to divorce or when a spouse dies. Without a prenuptial, the division of the estate after a divorce or death becomes much more complicated. This is especially true if you are in your second marriage or if you have children from a previous marriage.