Marital Agreements

There are three kinds of marital agreements – prenuptial, post-nuptial, and a marital separation agreement. Post-nuptial agreements can be the most troublesome. For all marital agreements though, there are certain tips that you should follow:

• Obtain independent, competent counsel for each party who is experienced in marital agreements.
• Be sure both parties fully disclose their property, including the property they expect to receive in the future.
• Clearly describe the property in the agreement.
• Clearly state an effective trigger in the agreement.
• Fund promises that are made in agreement

See Stephen Dunn, Important Points for a Marital Agreement, Forbes, Nov. 18, 2011.

Special thanks to Jim Hillhouse (Professional Legal Marketing  (PLM, Inc.)) for bringing this article to my attention.