What to be aware of as you consider a Prenuptial Agreement:
As noted in Premarital Agreements in Pennsylvania 5th Edition:
Marriage, in a sense, is equivalent to a business partnership, with each of the partners playing a varied role. One may be the economic provider, while the other may be a stay at home parent or spouse with intervening roles in the activities of the other. Since a marriage partnership is also a business partnership, the need for a premarital agreement often becomes necessary. The terms premarital, antenuptial, and prenuptial are used interchangeably in the Commonwealth of Pennsylvania. Pennsylvania Divorce Code was amended in 2005 to include Title 23 Pa. C.S. § 3106 to specifically address the issue of the challenge to set aside premarital agreements. The general rule is as follows:
A prenuptial agreement to be considered valid in Pennsylvania must include a complete full and fair disclosure of all assets and liabilities of both parties. The two major issues to be addressed in a prenuptial agreement are what happens in the event of a party’s death or the dissolution of the marriage.
Are you in need of legal services and want someone who is going to be a zealous advocate on your behalf? Fill out our client contact form and a representative will contact you shortly. However, if this is an emergency, please call 484.221.8550