Important Information You Need To Know About Marital Agreements

There are three major types of marital agreements. There are prenuptial agreements, postnuptial agreements and separation agreements.

This is a document you and your fiancé sign prior to marriage that details what will happen in the event things do not work out.

A prenup is a good investment to avoid the cost of an expensive divorce down the road. Although we all hope our marriage will not end in divorce, you should still protect yourself.

These are agreements that are essentially prenups that get signed if you do not do a prenup prior to marriage. It does not mean you are contemplating a divorce.

These are contracts that get signed to try and qualify for an uncontested divorce.

A good marital agreement will outline how all property is going to be divided in the event of a divorce. It should itemize all property from before the marriage and talk about how property will be treated if acquired during the marriage.