Prenuptial Agreements in Matthews + Monroe
Premarital Agreements, also known as Prenuptial Agreements (“prenups”) are authorized by North Carolina General Statute § 52B, the Uniform Premarital Agreement Act. A Premarital Agreement by definition is “an agreement between prospective spouses made in contemplation of marriage and to be effective upon marriage.” The agreement must be in writing and signed by both parties.
The premarital agreement is utilized most often when one party has significantly more assets than the other, a much greater income, or for second marriages, where a spouse want to protect the interests of children born with his or her first spouse. Most prenuptial agreements provide that assets owned by a spouse as of the date of marriage shall remain that spouse’s separate property and shall not be subject to equitable distribution in the event of a divorce. However, there are a number of other reasons that a person may want to enter into a premarital agreement. It is generally wise to present a proposed premarital agreement to the intended spouse in plenty of time for review, not the day before the wedding ceremony.
Weaver, Bennett & Bland, P.A.’s knowledgeable family law attorneys can explain the benefits and results of premarital agreements. Our lawyers can assist clients in preparing premarital agreements for clients throughout the Matthews, Indian Trail, Waxhaw, and Monroe regions that fit their individual needs and can assist clients in negotiating agreements when presented by the other party. Call (704) 844-1400 today.