A prenuptial agreement specifies the rights, assets, debts, and assets of each party before the marriage. Protecting her assets by preparing a prenup has never been so easy and cost-effective.

Preparing a Prenuptial Agreement and Pitfalls to Avoid

Lawyer-prepared legal forms, including prenuptial agreement forms, are now available on the Internet for a fraction of the price charged by an attorney. Ironically, it is likely the same form used by many attorneys across the country.

The main reasons why prenups are profitable when obtained online are due to the following:

1) You will not meet with an attorney and therefore will not be charged for your time.

2) You are preparing the form yourself, so again you save yourself the work of an attorney.

How to prepare a prenuptial agreement

After purchasing a form prepared by an attorney and downloading it, you can fill in the required information as follows:

1. Part Names
2. How are common living expenses paid as agreed by the parties?
3. Summary financial statements of the parties
4. It is recommended that you execute two signed original documents with one for each party.
5. Notary. The states of Louisiana, Minnesota, and New York require contracts to be notarized. Where do I get a notary? Your local bank, insurance agent, or stockbroker are the best places to find a notary.
6. witnesses. Minnesota requires that prenuptial agreements be witnessed and notarized. Florida requires witnesses when the waiver agrees to the right to make a claim against the deceased spouse’s estate. In the state of Missouri, prenuptial agreements must be notarized or signed by one or more witnesses (2 witnesses recommended).
7. Financial Statement, Exhibit A. Before executing your Prenuptial Agreement, both parties are encouraged to review not only their own financial statement for accuracy, but also that of the other party. If the financial statements are materially inaccurate, it will affect the validity of the agreement.

What are the common pitfalls?

1. Never use a free form downloaded from the Internet. Such forms almost always contain errors and are incomplete.
2. Have the prenuptial contract prepared and signed as soon as possible. Signing a prenuptial agreement close to the wedding date can indicate durations. A judge can annul it based on this reason.
3. Be sure to use an up-to-date, state-specific form.

Protecting your finances and your money has never been easier.

Prenuptial agreement