If you`re getting married in Louisiana, you may want to consider signing a matrimonial agreement form. This legal document, also known as a prenuptial agreement or antenuptial agreement, outlines the financial responsibilities and rights of each spouse in the event of a divorce.
While it may not be the most romantic aspect of planning a wedding, a matrimonial agreement form can provide peace of mind and protect your assets in the long run. Here`s what you need to know about Louisiana matrimonial agreement forms:
In Louisiana, a matrimonial agreement form must be signed by both parties in the presence of a notary public. It`s important to note that the agreement cannot include provisions that go against Louisiana state law, such as waiving child support obligations. In addition, the agreement must be fair and reasonable, otherwise a court may refuse to enforce it.
Content of the Agreement
A matrimonial agreement form can cover a variety of issues related to a couple`s finances and assets. Here are some common provisions:
– Division of property: The agreement can specify how the couple`s property and assets will be divided in the event of a divorce. This can help avoid disputes and simplify the divorce process.
– Spousal support: The agreement can outline whether one spouse will be obligated to provide financial support to the other after a divorce.
– Debts: The agreement can specify which debts will be assigned to each spouse in the event of a divorce.
– Inheritance: The agreement can address issues related to inheritance, such as whether a surviving spouse will be entitled to a portion of the other spouse`s estate.
– Business interests: If one or both spouses own a business, the agreement can address how the business will be divided in the event of a divorce.
Benefits of a Matrimonial Agreement Form
The main benefit of a matrimonial agreement form is that it provides clarity and certainty about each spouse`s financial responsibilities and rights. In addition, it can help protect assets that were acquired before the marriage, such as a family business or inheritance. Finally, a matrimonial agreement form can help avoid lengthy and costly legal battles in the event of a divorce.
While a matrimonial agreement form may not be the most romantic part of planning a wedding, it can provide important protections and peace of mind in the long run. If you`re getting married in Louisiana and are interested in signing a matrimonial agreement form, consult a local attorney with experience in family law to help you draft a fair and reasonable agreement.