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Revocation of Premarital or Prenuptial Agreement Maryland Form

Revocation of Premarital or Prenuptial Agreement Maryland Form

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Instructions and help about Revocation Of Premarital Or Prenuptial Agreement Maryland

well premarital agreement also known as a prenuptial agreement is an agreement that the parties enter into before they get married obviously they're engaged and it's uh where they contemplate their assets they contemplate their liabilities they contemplate whatever businesses they may own and it's a way to determine how moving forward during the marriage those assets are going to be categorized as you may or may not know Texas is a community property State anything acquired or any income after marriage is community property typically however a prenuptial agreement or a premarital agreement allows you to identify those as your separate property which you can maintain those as your separate property throughout the marriage it you talk about how income may be treated you also talk about how debt is going to be treated or any purchases you have after marriage how they're going to be categorized as separate or community property okay

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