Common Contracts

1 similar Postnuptial Agreement contracts

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Postnuptial Agreement • July 13th, 2021

As its name implies, a premarital agreement (also known as a prenuptial agreement) is an agreement that parties enter into before marriage. To be considered a valid premarital agreement, the agreement must be in writing and signed by both parties before the marriage. The agreement becomes effective when the parties are married. In the event the parties do not sign a premarital agreement before they are married, they cannot sign such an agreement after they are married. However, North Carolina law allows spouses to enter into agreements before, during, or after marriage that waive or release rights and interests to property and other assets. Spouses who are married can enter into a written contract called a postnuptial agreement (also known as a postmarital agreement) that provides some of the benefits of a premarital agreement as it pertains to property, including specifying property or assets that are intended to be or remain the separate property of one spouse, and how assets or prop

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