Maryland Divorce ~ Pre-Marital Agreements
Many couples are choosing to make pre-marital agreements before becoming husband and wife. Pre-marital agreements, pre-nuptial or ante-nuptial agreements have become more widely noted in the last decade.
The rumor about pre-nuptial agreements is that they are meant to allow both parties to keep their own property in the event of divorce, but actually a pre-marital agreement can also provide which children receive certain assets in case of the death of the parents. This is a great tool on divorce as it has already determined placement of certain assets in the event of divorce. Pre-nuptial agreements prove that couples are aware of the fact that the marriage may not last forever and wish to have their plans stated before marriage.
These agreements can cover so many areas so you must choose what matters the most to you and your spouse. There must be a detailed account of who's belongings are the property of which spouse. This agreement must also include how marital income will be calculated in the event of divorce. Both parties must review and agree to the terms listed.
Source : Maryland State Code