Marriage Contract

This Marriage Contract ("Contract") is entered into on March 15, 2051, between [YOUR NAME], residing at 583 Elmwood Street, Greenhill, TX, 79876, hereinafter referred to as "Party 1," and Liana Keane, residing at 112 Riverstone Ave, Clearview, TX, 79745, hereinafter referred to as "Party 2." Party 1 and Party 2 shall collectively be referred to as the "Parties."

I. Preamble

The Parties declare their love, commitment, and intention to marry each other, and they desire to set forth their rights, obligations, and expectations regarding their marriage in this Contract.

II. Definitions

Definitions of terms used throughout the Contract, including but not limited to:

• Pre-marital assets: Assets owned individually by either Party before the marriage.

• Marital assets: Assets acquired jointly or individually during the marriage.

• Separate property: Property acquired by a Party individually during the marriage and kept separate from marital assets.

• Child support: Financial support provided for the care and upbringing of any children born to or adopted by the Parties.

• Disability: Any physical or mental incapacity that prevents a Party from fulfilling their marital obligations.

III. Rights and Obligations During Marriage

• Mutual Support: The Parties agree to provide each other with love, companionship, and emotional support throughout the duration of their marriage.

• Shared Finances: The Parties may choose to maintain separate or joint financial accounts. However, both Parties agree to discuss and make joint decisions regarding major financial matters affecting their marital life.

• Residence: The Parties shall decide on a mutual residence where they shall reside together unless mutually agreed upon otherwise.

IV. Property and Financial Matters

• Pre-marital assets: Each Party shall retain ownership of their respective pre-marital assets, and they shall not be considered marital property subject to division upon divorce.

• Marital assets: Any assets acquired jointly or individually during the marriage shall be considered marital property and subject to equitable distribution in the event of divorce.

• Joint accounts: The Parties may establish joint bank accounts to manage household expenses and savings.

• Separate property: Each Party shall maintain ownership of their separate property, and it shall not be commingled with marital assets.

V. Spousal Support

• Divorce: In the event of divorce, the Parties agree to negotiate in good faith regarding spousal support/alimony, taking into account the duration of the marriage, the standard of living established during the marriage, and the earning capacity of each Party.

• Termination: Spousal support shall terminate upon the remarriage or cohabitation of the supported Party with a new partner.

VI. Children

• Parenting plan: The Parties shall create a detailed parenting plan outlining custody, visitation schedules, and decision-making authority regarding the children.

• Child support: The Parties shall adhere to the child support guidelines set forth by the applicable jurisdiction, ensuring the financial support necessary for the well-being of the children.

• Education and healthcare: The Parties shall share responsibility for the children's education, healthcare, and extracurricular activities in proportion to their respective incomes.

VII. Health and Medical Matters

• Health insurance: The Parties shall maintain adequate health insurance coverage for themselves and any dependent children.

• Medical decisions: Each Party grants the other the authority to make medical decisions on their behalf in the event of incapacity, with the understanding that decisions shall be made by their known wishes and best interests.

VIII. Dissolution of Marriage

• Grounds for divorce: The Parties acknowledge that irreconcilable differences or breakdown of the marriage may serve as grounds for divorce.

• Property division: Upon divorce, the Parties agree to divide marital assets and debts fairly and equitably, taking into account the contributions of each Party to the marriage.

• Dispute resolution: Any disputes arising out of or related to this Contract shall be resolved through mediation or arbitration before resorting to litigation.

IX. Governing Law

This Contract shall be governed by and construed in accordance with the laws of Texas. Disputes unresolved through mediation or arbitration shall be settled in the courts of Texas.

X. Amendments

Any amendments or modifications to this Contract must be made in writing and signed by both Parties.

XI. Severability

If any provision of this Contract is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

XII. Entire Agreement

This Contract constitutes the entire agreement between the Parties concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral.

IN WITNESS WHEREOF, The Parties hereby acknowledge that they have read and understood the terms of this Contract and voluntarily enter into it on the date first above written.

[YOUR NAME]
March 15, 2051

Liana Keane
March 15, 2051

Contract Templates @ Template.net