Prenuptial Property Agreement - DOC - DOC by pellcity27

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Matters that should be in Drafting Prenuptial Property Agreement:
• Name in full and address of each party.
• Status of parties and their capacity to contract.
• Amounts and kinds of real and personal property owned by each party.
• Consideration.
• Descriptions of property to be transferred under agreement.
• Provisions in event of death of either party during marriage.
• Payment from estate for support and maintenance of spouse.
• Payment from estate for maintenance, support, and education of children and stepchildren.
• Provisions for benefit of children of prior marriages.
• Payments for maintenance, support, and education of children, in event of death of parent.
• Home and support for children.
• Provisions relating to change of beneficiary of life insurance policies and acquisition of new policy or policies with spouse as beneficiary.
• Liability for prenuptial debts of parties.
• Effective date of agreement.
• Stipulation as to representation by counsel.
• Date of execution of agreement.
• Acknowledgments, where required.
• Certification by attorneys, where desired or appropriate.
• Recordation of agreement, where required.

More Info
									                           Prenuptial Property Agreement

This Prenuptial Property Agreement is made this the (date), between (Name of
Prospective Husband), of (street address, city, state, zip code), hereinafter called
Prospective Husband, and (Name of Prospective Wife) of (street address, city, state, zip
code), hereinafter called Prospective Wife;

This Agreement is made in consideration of the contemplated marriage of the
parties and other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged;

1.    Intent of Parties.
      A.     Setting Forth Property Rights. The parties have the intent and desire to
      define and set forth the respective rights of each in the property of the other after
      their marriage.

      B.    Separate Property. The parties intend and desire that all property owned
      respectively by each of them at the time of their marriage, and all property that
      may be acquired by each of them from any source during their marriage, shall be
      respectively their separate property, except as otherwise provided in this
      Agreement.

      C.     Support of Prospective Wife and Children. Prospective Husband
      intends and desires to provide adequately and fairly for the support of
      Prospective Wife.

2.    Protection of Parties. The parties to this Agreement own property as follows:
      A.    Prospective Husband's Personal Property. Prospective Husband owns
      personal property described as follows:

      Description                 Location                          Value
      (Specify)                   (Specify)                    $_______________
      (Specify)                   (Specify)                    $_______________
      (Specify)                   (Specify)                    $_______________

      B.    Prospective Husband's Real Property. Prospective Husband owns real
      property described as follows:

      Legal Description                  Location              Value
      (Specify)                          (Specify)             $_______________
      (Specify)                          (Specify)             $_______________
      (Specify)                          (Specify)             $_______________

      C.    Prospective Wife's Personal Property. Prospective Wife owns personal
      property described as follows:
      Legal Description                  Location             Value
      (Specify)                          (Specify)            $_______________
      (Specify)                          (Specify)            $_______________
      (Specify)                          (Specify)            $_______________

      D.     Prospective Wife's Real Property. Prospective Wife owns real property
      described as follows:

      Legal Description                  Location             Value
      (Specify)                          (Specify)            $_______________
      (Specify)                          (Specify)            $_______________
      (Specify)                          (Specify)            $_______________

3.     Status of Separate Property. All real and personal property owned by either of
the parties at the time of their marriage, and all real and personal property that either
may acquire from any source whatever during their marriage, shall be their respective
separate property, except as otherwise provided.

4.    Properties Transferred.
      A.      Transfer of Real Property to Prospective Wife. Within (number) days
      after their marriage, Prospective Husband shall transfer or cause to be
      transferred to Prospective Wife, to be owned and held by her as her separate
      property, the following real property:

Legal Description                 Location      Value         Encumbrances
(Description)                     (Describe)    $________     (Describe)
(Description)                     (Describe)    $________     (Describe)
(Description)                     (Describe)    $________     (Describe)

      B.     Transfer of Personal Property to Prospective Wife.
      Within (number) days after their marriage, Prospective Husband shall cause to
      be transferred to Prospective Wife, to be owned and held by her as her separate
      property, the following personal property:

      Description                 Location                  Value
      (Specify)                   (Specify)            $_______________
      (Specify)                   (Specify)            $_______________
      (Specify)         
								
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