FREE Prenuptial Agreement Sample - Form, Template
A Prenuptial Agreement or Property Settlement Agreement provides for the property rights of one or both of the prospective spouses and/or children.It defines the rights and obligations of each of the parties in any of the property of either of them, wherever and whenever acquired or located. This type of agreement is recognized and enforced in most, but not in all States. It must be in writing and signed by both parties. A marital settlement agreement or prenuptial agreement can help you avoid costly litigation, protect your family and/or business assets, and be sure that the marital property will be disposed of properly in case of death or divorce.
The document below is a Prenuptial Agreement sample that can be used by previously married individuals, or by persons who have never been married.
PROPERTY SETTLEMENT/PRENUPTIAL AGREEMENT
This AGREEMENT is made on this ____________ day of ___________________, 20_____, by and between _____________________________________ (hereinafter referred to as "Wife"), who lives at ______________________________________________________________ (Wife's Address) and _____________________________________ (hereinafter referred to as "Husband"), who resides at ______________________________________________________________ (Husband's Address.) WHEREAS, we were married on the ___________ day of _____________________, _______, in _________________________, State of _________________________, and now we both desire to dissolve our marriage and agree to permanently live separate and apart from each other, as if we were single, according to the terms of this agreement. We mutually agree not to annoy, harass, or interfere with the other in any manner. WHEREAS, we each have exercised good faith and have made fair, accurate, and complete disclosure to each other regarding all financial and property matters pertaining to this marital settlement agreement. WHEREAS, we mutually desire to settle by agreement all matters regarding our marital affairs, personal and real property, finances, spousal support and maintenance, and (if applicable) all issues relating to our children, including child support, custody and visitation. WHEREAS, we mutually intend this agreement to be a final disposition regarding the marital issues addressed herein and intend that this agreement be incorporated into any subsequent FINAL JUDGEMENT OF DISSOLUTION OF MARRIAGE . THEREFORE, in consideration of our mutual promises, we agree divide our property and finances according to the following mutually agreed upon terms and conditions:
DEBTS (Secured and Unsecured, Credit Cards, Student Loans, etc...) Husband and Wife jointly hold the following outstanding debts that shall be divided as follows: Husband assumes responsibility and agrees to pay the following debts: ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) Wife assumes responsibility and agrees to pay the following debts: ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) TAX LIABILITY Husband agree to assume the following tax liability:______________________ Wife agree to assume the following tax liability:_______________________ ASSETS (Bank and Credit Union Checking and Savings Accounts, Certificate of Deposits, Stocks, Bonds, Mutual Funds, IRAs, Pensions, 401k Plans, Keoghs, Partnerships, Other Business) Husband and Wife jointly hold the following accounts that shall be divided as follows: Husband assumes responsibility for the following accounts: ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) Wife assumes responsibility for the following accounts: ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Account Number) _______________________________________________(Account Balance) AUTOMOBILES, BOATS, TRAILERS The following automobiles owned jointly by Husband and Wife shall be divided as follows: To Husband: ______________________________________________________________________________ ______________________________________________________________________________
To Wife: ______________________________________________________________________________ ______________________________________________________________________________
PERSONAL PROPERTY (Household furnishings, tools, appliances, equipment, art, collections, antiques) The following personal property owned jointly by Husband and Wife shall be divided as follows: To Husband: ______________________________________________________________________________ ______________________________________________________________________________
To Wife: ______________________________________________________________________________ ______________________________________________________________________________
REAL ESTATE The following real state property or properties owned jointly by Husband and Wife shall be divided as follows: Husband shall have the rights of title and ownership and be responsible for and pay the expenses regarding: 1 - Real property located at: ______________________________________________________________________________ ______________________________________________________________________________
2 - Real property located at: ______________________________________________________________________________ ______________________________________________________________________________
Wife shall have the rights of title and ownership and be responsible for and pay the expenses regarding: 1 - Real property located at: ______________________________________________________________________________ ______________________________________________________________________________
2 - Real property located at: ______________________________________________________________________________ ______________________________________________________________________________
Except as otherwise provided in this Agreement, Husband and Wife may dispose of his or her property in any way, and each party hereby waives and relinquishes any and all rights to share in the property or the estate of the other as a result of marriage, joint tenancy, cohabitation, or any other relationship. Husband shall reside at: ______________________________________________________________________________ ______________________________________________________________________________ Wife shall reside at: ______________________________________________________________________________ ______________________________________________________________________________
FAMILY RESIDENCE EXPENSES Husband shall be responsible for and pay the following expenses regarding the family residence located at: ______________________________________________________________________________ ______________________________________________________________________________ [check one or more:] ____Mortgage ____Expenses ____Maintenance Wife shall be responsible for and pay the following expenses regarding the family residence located at: ______________________________________________________________________________ ______________________________________________________________________________
[check one or more:] ____Mortgage ____Expenses ____Maintenance LIFE INSURANCE Husband agrees that Wife (check one:) _________shall, or _________shall not remain the beneficiary of the following life insurance policies: ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Insurance Policy Number) _______________________________________________(Insurance Policy Amount) ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Insurance Policy Number) _______________________________________________(Insurance Policy Amount) Wife agrees that Husband [check one:] _________shall, or _________shall not remain the beneficiary of the following life insurance policies: ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Insurance Policy Number) _______________________________________________(Insurance Policy Amount) ______________________________________________________________________________ ______________________________________________________________________________ (Name and Address of Institution) _______________________________________________(Insurance Policy Number) _______________________________________________(Insurance Policy Amount) LEGAL NAME Husband and Wife agree that upon final dissolution of the marriage, Wife shall have the right to: [check one:] ___retain her married name or ___return to her maiden or former name: _________________________________(Wife's maiden name). SPOUSAL SUPPORT 1- Husband shall pay to Wife spousal support in the sum of _____________________________ dollars ($______), _________________________ [Weekly/Monthly], beginning on the ____________ day of __________________, 20 ____. Husband shall continue to pay this sum for a period of ________________________, subject to the following mutually agreed upon conditions: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________
2- Wife shall pay to Husband spousal support in the sum of _____________________________ dollars ($______), _________________________ [Weekly/Monthly], beginning on the ____________ day of __________________, 20 ____. Husband shall continue to pay this sum for a period of ________________________, subject to the following mutually agreed upon conditions: ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________
This settlement of martial property and finances supersedes all prior discussions between said Husband and Wife. Any amendment or modification of this agreement will NOT be effective unless in writing and signed by both parties. Any waiver of any rights under this agreement, will NOT be effective unless in writing and signed by the party to be charged. ACKNOWLEDGEMENT We, husband and wife, acknowledge that each of us has entered into this agreement in good faith, without any duress or undue influence, and honestly disclosed to the other the extend of our income, assets, and financial situation. We fully understand our rights and consider the terms of this agreement to be fair and reasonable. We each understand that we have the right to seek independent counsel regarding this agreement, and each has had the opportunity to seek independent counsel prior to signing this agreement. CHOICE OF LAW Husband and Wife agree that this Marital Settlement Agreement shall be governed by the laws of the State of __________and shall remain in effect until expressly terminated in writing by mutual agreement of the parties. Signed and dated this __________ day of _______________________, 20_____. ________________________________ Husband's Signature ________________________________ 1 - Witness for Husband ________________________________ 2 - Witness for Husband ________________________________ Wife's Signature ________________________________ 1 - Witness for Wife ________________________________ 2 - Witness for Wife NOTARY PUBLIC STATE OF _______________________ COUNTY OF _____________________ This document was acknowledged before me on _______________ [Date] by ________________________________________________ [name of principal]. _______________________________Notary Seal: (Signature of Notarial Officer) Notary Public for the State of _______________ My commission expires: __________________
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