Why Marital Contacts Are Important

Why Marital Contacts Are Important

Why Marital Contacts Are Important

Why Marital Contacts Are Important
When you enter marriage, the world is your oyster. Community property may not be at the forefront of your relationship. Most couples don’t anticipate ending their relationship in a flurry of hostility. It is essential to have marital contacts when married or premarital.
 
What are marital contacts? They are the agreements you make with your spouse or partner about what will happen during your relationship or if you should, unfortunately, get divorced. They can help to prevent disputes and misunderstandings down the road. If you plan to get married, discussing these issues and devising a plan is essential. Creating one of these agreements is not too late if you are already married. Having an arrangement in place can help ensure that your relationship goes as smoothly as possible.

What types of marital contracts are there?

The terms of the agreement can be varied, but some things always come with marriage. What are marital contacts? If you’re considering marriage or are already married, it’s vital to understand marital contracts and how they could affect your life. Consult a legal professional. 
 
Marital contacts are an essential part of a marriage and are used to document agreements between spouses, resolve disputes, etc. You need to know if you’re married or about to get married.
 
There are three main types of marital contracts.

1. Premarital Agreements

Address acquisition of assets during a marriage, designation of retirement accounts, community property issues during the dissolution.

2. Postnuptial Agreements

Manage employment arrangements, household responsibilities, property and art purchases, and asset separation.

3. Cohabitation Agreements

Designate domestic tasks, assign legal authority as an agent, who gets the dog, and more.

The benefits of having marital contacts

Did you know that there are benefits to having marital contacts? Married couples have several legal protections that unmarried couples do not. Including, but not limited to, the ability to make health care decisions for each other, the right to inherit from one another, and the ability to file joint tax returns. Additionally, married couples may take advantage of certain tax breaks not available to unmarried couples. Suppose you are considering marriage or are already married. In that case, it is essential to consult with a professional about your specific situation and the benefits of how a marital contract protects you both.
 
Most couples enter into marriage with the best of intentions. However, over time disputes may arise that can lead to problems in the relationship. One way to try and prevent these disputes from becoming too damaging is to have a marital contract with your spouse.

How to make marital contacts work for you

When you marry someone, you enter into a contract with that person. Suppose you want to be proactive about preventing potential marital disputes and building a solid foundation for your marriage. In that case, it might be time to consider having a marital contract with your spouse. If you’re not sure what to include in this type of agreement, don’t worry! We have years of experience providing couples with helpful information about how they should structure their marriage contracts so that both spouses feel satisfied. Take control of your future and contact ELCV LAW today at 520-795-2235 or schedule an appointment online at www.elcvlaw.com to learn more about how we can provide helpful guidance when creating this document.

Disclaimer: The content in this article is for informational purposes only and should not take the place of actual legal advice. Not all circumstances are the same, and it is suggested that you should seek legal counsel if you need assistance in any of these areas.

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How To Save A Marriage - Start With A Marital Contract

How To Save A Marriage – Start With A Marital Contract

How To Save A Marriage - Start With A Marital Contract

How To Save A Marriage - Start With A Marital Contract
When you and your spouse decide to get married, no one intends to have anything tear you apart. However, in the grand scheme of life, many unforeseen issues arise during marriages. No one knows what their life will look like decades into the future. Unfortunately, if not appropriately handled, marital issues can have the power to tear your marriage apart. Luckily, there is a solution to help solidify and even save your marriage: marital contracts. Marital contracts refer to various agreements that you and your spouse enter. These can cover things like cohabitation, asset division, and more. Even though marital contracts are recommended before you say “I do,” you can have one produced at any time during your marriage. Many people think marital contracts are only for the super-wealthy and those who have had many prior marriages. However, marital contracts are actually perfect for saving your marriage. This post dives into what marital contracts are, when they can be signed, and how they can save a marriage.

What is a Marital Contract?

Broadly, a marital contract refers to any agreement that you and your spouse come to surrounding your marriage. These contracts can come in many forms, including cohabitation agreements, prenuptial agreements, and more. Most often, these agreements revolve around who will get what if that marriage is to end. Marriage contracts help foster clear communication in a marriage, even if nothing ever comes up to tear your marriage apart.

When can you Sign a Marital Contract?

Marital contracts are an excellent option for preserving your marriage because they can be signed before and during your marriage to your spouse. Premarital or prenuptial agreements are agreements made between spouses that will become effective once marriage occurs. Both parties must sign these. Generally, prenuptial agreements cover things like property rights and obligations. Prenup agreements usually seek to protect what will happen to these assets if separation, death, or divorce occurs. In addition, premarital agreements can include provisions for making wills, trusts, or other arrangements. Basically, pretty much anything that a couple could conceivably fight about during a marriage can be pre-decided in a prenuptial agreement. Even deciding whom the pets will go to in a cohabitation agreement if a separation occurs can be determined. A postnuptial agreement can be signed after you and your spouse is already married. These contracts are used to either establish agreements or change those initially established under a prenuptial agreement.

How can Marital Contracts Save a Marriage?

Many people wrongly assume that entering a marital contract means you and your spouse anticipate separating. In reality, this couldn’t be further from the truth. Marital agreements have the power to save a marriage by providing solutions to common issues that couples fight about before they even begin.
 
Marital agreements foster clear and precise communication among spouses. This type of clear communication at the start of a joint-venture can lead to a long and happy marriage where both sides feel no pressure.
 
Postnuptial agreements are often perfect for saving a marriage. When new assets are acquired, arguing about who owns what in a marriage is natural. Using a postnuptial agreement can allow you and your spouse to legally decide who retains ownership of pets and other things. This contract also allows many arguments about money and other assets are put to rest.
 

Family Law in Tucson

All in all, a marital contract of any type can help you and your spouse remains in a healthy marriage. In order to enter into a marital agreement, you need a team of professionals to help. If this sounds like something you need, consider using ELCV LAW, a Family Law Attorney in Tucson that provides Marital Contracts and Mediation Services.
If you need a Family Law Attorney or Mediator in Tucson, Arizona, don’t hesitate to get in touch with ELCV LAW by filling out a request form at www.elcvlaw.com or call us at 520-795-2235. Take control of your future to learn how you can benefit from a prenuptial agreement. Contact Erika L. Cossitt Volpiano, P.C. for a consultation, today.

Disclaimer: The content in this article is for informational purposes only and should not take the place of actual legal advice. Not all circumstances are the same, and it is suggested that you should seek legal counsel if you need assistance in any of these areas.

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