Free Prenuptial Agreement Form for Michigan
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Preview - Michigan Prenuptial Agreement Form
Michigan Prenuptial Agreement Template
This Prenuptial Agreement is made effective as of the ____ day of __________, 20__, by and between:
Party A: ___________________________________________
Address: ___________________________________________
and
Party B: ___________________________________________
Address: ___________________________________________
This Agreement is governed by the laws of the State of Michigan.
1. Purpose of Agreement:
This Agreement outlines the rights and responsibilities of each party regarding their property and financial matters in the event of divorce or separation.
2. Disclosure of Assets:
Both parties agree to provide complete and accurate financial disclosures, including:
- Income
- Real estate holdings
- Investments
- Debts
3. Separate Property:
Each party's separate property shall remain that party's own property. The separate property includes:
- Property owned before the marriage
- Gifts or inheritances received during the marriage
4. Marital Property:
Property acquired during the marriage, unless otherwise agreed upon in writing, shall be considered marital property and will be divided equitably in the event of divorce.
5. Spousal Support:
Parties may agree on levels of support and terms should separation or divorce occur. Terms may include:
- Amount of support
- Duration of support
6. Amendments:
This Agreement can be amended only by a written agreement signed by both parties.
7. Governing Law:
This Agreement shall be governed by the laws of the State of Michigan.
IN WITNESS WHEREOF, the parties have executed this Prenuptial Agreement on the day and year first above written.
Party A Signature: _______________________________ Date: ________________
Party B Signature: _______________________________ Date: ________________
Witness Signature: _______________________________ Date: ________________
Witness Signature: _______________________________ Date: ________________
Create Other Common Prenuptial Agreement Forms for Different States
California Prenup Contract - A prenuptial agreement ensures transparency regarding financial matters between partners.
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Florida Prenup Contract - Couples can revisit and update the prenup as their financial circumstances change.
North Carolina Prenup Contract - Involves communication about past financial obligations.
Ohio Prenup Contract - A Prenuptial Agreement may help you preserve your financial autonomy in marriage.
Similar forms
- Separation Agreement: Similar to a prenuptial agreement, a separation agreement outlines the terms of how assets and responsibilities will be handled if a couple separates. It can address issues like property division and spousal support, just as a prenuptial agreement does before marriage.
- Postnuptial Agreement: A postnuptial agreement is created after a couple gets married. Like a prenuptial agreement, it details the division of assets and responsibilities, but it comes into play once the marriage has already begun.
- Small Estate Affidavit: To simplify the process of transferring assets without probate, consider our quick guide to the Small Estate Affidavit for estates valued at $166,250 or less.
- Co-Habitation Agreement: For couples living together without marriage, a co-habitation agreement serves a similar purpose. It outlines how assets and debts will be shared or divided, providing clarity and protection similar to what a prenuptial agreement offers.
- Living Will: While primarily focused on healthcare decisions, a living will can be compared to a prenuptial agreement in that both documents address important personal choices. A living will specifies a person's wishes regarding medical treatment, just as a prenuptial agreement specifies financial arrangements.
- Power of Attorney: A power of attorney grants someone the authority to make decisions on another's behalf. This document, like a prenuptial agreement, involves trust and clarity about responsibilities, particularly in financial matters.
- Trust Agreement: A trust agreement establishes a legal entity to manage assets for beneficiaries. Similar to a prenuptial agreement, it can dictate how assets will be handled, providing protection and clear guidelines for distribution.