Legal Question in Family Law in Arkansas

Pre-nuptial Agreements

Are Pre-nuptial agreements legally binding and are they necessary ?

Should a man who has a small child, owns a house, and a couple other pieces of income producing real estate, marry a woman who has no children and no real estate without a pre-nuptial agreement? If yes, under what guise should it be presented to her ?


Asked on 1/14/98, 8:14 pm

4 Answers from Attorneys

Pre-Nuptial Agreements/MARYLAND

Like any other contract, agreements are pre-sumed to be binding and enforceable, absentmutual mistake, fraud, duress, etc.. Whethera person who has more assets coming into themarriage wishes to have a Pre-Nuptial Agree-ment depends upon his or her wishes. It'sup to the individual basically.

The Maryland Marital Property Act provides: "Anyproperty acquired DURING the marriage is re-garded as "marital property", regardless of howit is titled. Property acquired after the marr-iage can be excluded as such by way of a valid agreement [such as a Separation or Pre-Nuptial Agreement]. It is also excluded ifthat property is acquired during the marriageby gift or inheritance. Marital property in-cluses retirement pensions, stocks, cars,bank accounts, stocks, bonds, etc..

I don't know what you mean by what "guise" theagreement should be presented. Hope thishelps.

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Answered on 1/19/98, 8:53 pm
Scott Pearce Law Offices of Scott Pearce

Marriage and Property

I agree with Mr. Bradshaw. Property you own before marriage remains yours, but if you put a lot of time in working on the property during marriage in a community property law state, and the property gets morevaluable during the marriage, she may gain aninterest in the gain the value.

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Answered on 1/19/98, 9:17 pm

Yes, yes, yes nad thats difficult but your problem.

Yes, prenuptial agreements are legaly binding and are usefull.To maintain clear accounts keeps relationships stronger.Specialy if you have children from a previous marriage it is wise to execute a prenuptial agreement.How to let her know? The benefits of clear accounts are for both parties; the agreement can contain benefits for the spouse that the law of the state does not provide.If there is love; it does not matter how you tell her. She will said yes.Good luck!

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Answered on 1/20/98, 1:07 am
Mark Sullivan Mark R. Sullivan - Attorney at Law

Prenuptial agreements

In my state they are legally binding and I cannot speak to your state's law. The law on these contracts can vary from state to state.For you, based on what you disclosed in your question, I would say it is a good idea. Many people who have been married previously, and had an unfavorable experience in dividing property, would not remarry without one.

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Answered on 1/20/98, 9:21 am


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