Tucson Arizona Premarital Agreements Package

State:
Arizona
City:
Tucson
Control #:
AZ-P035-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package can be used by persons who have been previously married, or by persons who have never been married. It includes provisions regarding the contemplated marriage, assets and debts disclosure and property rights after the marriage. The forms describe the rights, duties and obligations of prospective parties during and upon termination of marriage through death or divorce.



These forms are often used by individuals who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that prenuptial agreements provide are avoidance of costly litigation, protection of family and/or business assets, protection against creditors and assurance that the marital property will be disposed of properly.


Included in your package are the following forms:



1. Prenuptial Premarital Agreement without Financial Statements;


2. Amendment to Prenuptial or Premarital Agreement;


3. Financial Statements only in Connection with Prenuptial Premarital Agreement;


4. Revocation of Premarital or Prenuptial Agreement

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FAQ

Admittedly prenups are not perfect and don't account for the passage of time, adding they are invalidated by the court a little less than 50 percent of the time.

This can be any length of time, from 2-30 years if you'd like. If you are already married and wish you had considered filing a prenuptial agreement, a postnuptial agreement can offer you the same sense of financial security. Talk to a family law attorney to learn more about these important agreements.

Prenups do not have to be notarized, but do need to be in writing and must contain the signature of both spouses. However, a prenuptial agreement can be nullified by the court if it can be established that it was signed under duress, making it best to have a witness even if you are not working with a lawyer.

Unconscionability Invalidates a Prenuptial Agreement One party signed the agreement involuntarily or not by choice. One party demonstrates that the other party did not divulge all relevant information. One party can prove he/she was not allowed access to an attorney before signing the prenup.

In Arizona, two people may voluntarily join in a prenuptial agreement before they marry. You may be familiar with the prenup by its other names, ?premarital agreement? and ?antenuptial agreement.? As these names indicate, the couple's agreement must be made in contemplation of their marriage.

The agreement becomes effective when the parties actually marry each other, but not before. Under Arizona law, a properly drafted and executed prenuptial agreement is enforceable without consideration.

How Much Does It Cost To Create A Prenuptial Agreement? In order to create a prenuptial agreement, you will need to hire an attorney. The cost of an attorney will depend on their hourly rate and the amount of time it takes to draft the agreement. On average, attorneys charge between $200 and $500 per hour.

Yes, a prenup needs to be notarized in front of a notary in Arizona to be legally valid.

You can create your own prenup in Arizona but it is suggested that you have a lawyer draft a prenup for you. Learn more about how to get a prenup.

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Tucson Arizona Premarital Agreements Package