A Financial Agreement After Marriage serves as a crucial legal tool for married couples seeking to establish clear financial arrangements post-marriage. This document is particularly relevant when significant changes in financial circumstances occur, such as inheritance, business acquisition, or substantial income changes. In the United States, these agreements must comply with both federal and state-specific matrimonial laws, requiring full financial disclosure and independent legal counsel. The agreement typically covers property division, debt allocation, support obligations, and estate planning considerations, providing a framework for financial management during marriage and in the event of dissolution.
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1. Parties: Identification of both spouses with full legal names and addresses
2. Background: Statement of marriage date, purpose of agreement, and acknowledgment of mutual desire to define financial rights
3. Definitions: Key terms used throughout the agreement including property classifications, income, etc.
4. Property Division: Classification and division of separate and marital property
5. Financial Disclosures: Complete disclosure of assets, liabilities, and income of both parties
6. Governing Law: Specification of state law governing the agreement
1. Spousal Support: Terms for alimony or spousal maintenance - include when parties want to address future support obligations
2. Debt Allocation: Division of existing and future debts - include when significant debt exists or future debt allocation needs clarification
3. Business Interests: Treatment of business ownership and income - include when either party owns a business
4. Estate Planning: Provisions affecting inheritance rights - include when parties want to address inheritance matters
1. Schedule A - Wife's Assets: Detailed listing of wife's separate property and assets
2. Schedule B - Husband's Assets: Detailed listing of husband's separate property and assets
3. Schedule C - Joint Assets: Detailed listing of marital property and assets
4. Schedule D - Financial Statements: Current financial statements of both parties
5. Certificate of Independent Legal Advice: Confirmation that each party received independent legal counsel
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