Mesa Arizona Postnuptial Agreements Package

State:
Arizona
City:
Mesa
Control #:
AZ-P089-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package can be used by married persons who wish to define and specify their respective and collective rights in the separate and joint property of the parties. These forms are often used by couples who want to ensure the proper and organized disposition of their assets in the event of death or divorce. Among the benefits that postnuptial 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. Postnuptial Property Agreement;


2. Amendment to Postnuptial Property Agreement; and


3. Revocation of Postnuptial Property Agreement.

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How to fill out Arizona Postnuptial Agreements Package?

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FAQ

A postnuptial agreement cannot provide enforceable terms for child support or custody. However, it can include provisions for alimony since that is considered separately from a spouse's duties as a parent.

First, you should know that a postnuptial agreement is a contract between a married couple wherein they intend to divides their assets and debts. If done properly, a postnuptial agreement is valid and enforceable in Arizona.

Postnuptial agreements are generally enforceable if the parties of the document adhere to all state laws regarding inheritance, child custody, visitation and monetary support if a divorce does occur. Property division is one of the primary concerns with a postnuptial agreement.

Postnups are not strictly legally binding, but they can be more likely to be upheld than prenuptial agreements because there is no looming wedding date putting pressure on the couple to sign up.

Postnuptial agreements are invalid if it is determined that one of the parties exercised fraud, duress, or undue influence over the other. Fraud generally exists when one party deceived or concealed an important fact that would impact whether or not the other party executed the agreement.

That kind of security ends doubt and concerns between spouses regarding their financial fitness and leaves couples to worry about other things hopefully less stressful. The State of Arizona recognizes postnuptial agreements as valid by virtue of judicial precedent, unlike prenuptials, which are governed by statute.

Postnuptial agreements are legal arrangements that are created by a couple after they get married. These written agreements can outline a variety of boundaries as well as assign ownership of assets and property.

Even so, divorce attorneys say a postnuptial agreement is better than no agreement at all, especially for couples in second marriages with sizable assets or large estates. Both documents also clarify issues in the event of the death of a spouse, especially one who brought children into the marriage.

The Bottom Line In certain marital situations, a postnup is strongly recommended for spouses who didn't sign a prenup. Postnups are particularly beneficial when one or both partners have significant pre-marital assets or children from previous marriages.

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Mesa Arizona Postnuptial Agreements Package