A premarital agreement, also known as a prenuptial agreement or prenup, is a legal contract that is entered into by two individuals before they get married. The purpose of a premarital agreement is to define the rights and obligations of each spouse in the event of a divorce or death.
At Justice Legal Group, we have a team of skilled attorneys who can help you understand your rights and options when it comes to premarital agreements and assist you in drafting a fair and reasonable contract.
In New Mexico, premarital agreements are governed by the Uniform Premarital Agreement Act (UPAA), which sets forth the requirements for a valid and enforceable agreement. In order for a premarital agreement to be enforceable, it must be in writing, signed by both parties, and notarized. The UPAA also requires that both parties disclose their assets and debts to each other before signing the agreement.
A premarital agreement can address a wide range of issues, including property division, spousal support, and division of debts. It can also provide for the protection of separate property, such as inherited property or a family business.
If you are considering entering into a premarital agreement, it is important to seek the advice of an experienced attorney. At Justice Legal Group, we can help you understand the legal implications of a premarital agreement and ensure that your rights and interests are protected. If you have questions about premarital agreements contact us at 505-880-8737.