Emily
Matson here from Moore Family Law. I’d
like to talk a bit this week about an important area in family law: Prenuptial Agreements.
Minnesota
statute § 519.11 authorizes the use of “antenuptial” agreements (prenuptial in
every day language) in order to give parties the chance to disclaim any
interest in nonmarital or marital property after they are married.
Prenuptial
agreements are almost a necessity when one party comes from a family farm
heritage, or when one party is part of an on-going Minnesota Family lawyer business. Prenuptial agreements will limit the
outside-spouse’s interest in property that is intended to stay within a
particular family unit, whether a divorce occurs or not.
One
reason people rarely want to discuss prenuptial agreements is because they
contemplate divorce before you have even said “I do.” However, it can also provide for certain
property settlements in the event of death of one spouse, even when there is
not a divorce.
In
order to be enforced in Minnesota, a prenuptial agreement must be made after a
full and fair disclosure of the earnings and properties of each party, and each
party must have had the opportunity to consul with legal counsel of their own
choice. One lawyer can NOT advise both
parties to the agreement. The agreement
must be in writing, witnessed by two persons, and notarized. If the agreement covers any real property, it
should also be recorded in the county where the property is situated. We can
handle all of that at our office in Plymouth, Minnesota.
What
kind of property can be disclaimed in a prenuptial agreement? Well, for the specifics of your case, you’ll
have to make an appointment with us to sit down and discuss your particular
situation.
About Author
Jennifer
graduated from the University of Minnesota cum laude with a bachelor’s degree
in speech communications. In 2006, Jennifer achieved her life’s dream; owning
her own family law practice. She practices every day as Divorce lawyers
Minnesota with the intention of representing her clients’ future.
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