Free Prenuptial Agreement Template
Prenuptial Agreement
This Prenuptial Agreement ("Agreement") is entered into between [Your Name], residing at [Your Address], and [Party 2 Name], residing at [Party 2 Address], collectively referred to as the "Parties," on [Date of Agreement].
1. PURPOSE OF THE AGREEMENT
The purpose of this Agreement is to determine the rights and obligations of each party about any property, assets, or debts either party may bring into the marriage, or acquire during the marriage. This Agreement aims to protect the financial interests of both parties and any children they may have in the future.
2. DISCLOSURE OF FINANCIAL STATUS
Both parties warrant and represent that they have fully disclosed to the other their financial statuses, including details of all assets, liabilities, income, and potential inheritance.
3. SEPARATE PROPERTY
Party 1's separate property, whether owned before or acquired following the execution of this Agreement, and Party 2's separate property, whether owned before or acquired following the execution of this Agreement, shall remain each party’s respective separate property.
4. DIVISION OF PROPERTY UPON TERMINATION OF THE MARRIAGE
In the event of a divorce, the separation of properties, either acquired together or individually, will be divided as specified in this Agreement. This division will proceed regardless of the reason for the termination of the marriage.
5. AMENDMENT OR REPEAL
This Agreement has restrictions that only allow for it to be amended, modified, terminated, or even discarded under certain conditions. These conditions stipulate that alterations to the agreement must take place via a documented method, specifically using an agreement that's formulated in writing.
6. GOVERNING LAW
This Agreement is governed by and interpreted under the laws of the state of [STATE].
PARTY 1 and PARTY 2 have read this Agreement in its entirety and agree to the terms it dictates.
PARTY 1:
[Your Name]
[Date Signed]
PARTY 2:
[Party 2 Name]
[Date Signed]
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