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Types Of Agreements To Include In A Marital Contract

If you are considering creating a marital contract, it is important to consult with an attorney. Each state has different laws regarding marital contracts, and you want to make sure your contract is valid and enforceable. You should also talk to your future spouse about your intentions for the contract. Creating a marital contract can be a bit of a daunting task, but it doesn't have to be. With the help of an attorney and some open communication with your future spouse, you can create a contract that will work for both of you. Here are few types of marital aggrement:

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1. Prenuptial agreements: A prenuptial agreement, also called a premarital agreement or "prenup," is a contract entered into prior to marriage or civil union that determines how property and assets will be divided in the event of divorce or death.

2. Postnuptial agreements: A postnuptial agreement is similar to a prenuptial agreement, except that it is entered into after the couple has already married.

3. Cohabitation agreements: A cohabitation agreement is a contract between unmarried partners who are living together. The agreement sets forth each person's rights and obligations with respect to property ownership, financial support, and other matters in the event that the relationship ends.

4. Separation agreements: A separation agreement is a contract between spouses who have decided to live apart. The agreement sets forth the terms of the separation, including how property will be divided and whether spousal support will be paid.

5. Divorce settlement agreements: A divorce settlement agreement is a contract between divorcing spouses that sets forth the terms of their divorce, including how their property will be divided and whether spousal support will be paid.