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An antenuptial agreement or a prenuptial agreement is an agreement made between parties before getting married, permitting them to individually retain certain assets during the marriage and after the marriage if divorce arises.
One other scenario is that a prenuptial agreement is deemed not enforceable in Pennsylvania if the party opposing the agreement can establish, by clear and convincing evidence that the party did not execute the agreement voluntarily. Lack of full disclosure of assets is also a reason that a prenup can be voided.
The only difference between the two agreements is that Prenup agreements are entered into before marriage or civil partnership, whereas Postnup agreements are formed afterwards.
An antenuptial agreement or a prenuptial agreement is an agreement made between parties before getting married, permitting them to individually retain certain assets during the marriage and after the marriage if divorce arises.
Guidelines for drafting a successful prenuptial agreement Full disclosure. Separate lawyers. Both partners need access to all relevant information when they are discussing the agreement's terms. ... Keep it simple. Don't attempt to write the agreement yourself. ... Be fair. ... Professional degrees. ... Personal banking. ... The final document.
Premarital agreements aren't the only way to protect family wealth in marriage. Other options may take their place or work in conjunction with them: Postnuptial agreements. As the name suggests, postnuptial agreements (or ?postnups?) are signed after the wedding has occurred.
While it is possible to write your own prenup, working with a prenup lawyer can help ensure it complies with Pennsylvania law and is fair to both parties. If you are considering a prenup, I encourage you to contact a family lawyer to discuss your options.
Prenuptial agreements, also known as antenuptial agreements, are marital contracts that are entered into before marriage. These contracts clarify matters such as who gets what properties and assets in a divorce.