Postnuptial Agreement Template - Michigan

Michigan Postnuptial Agreement: What Is It?

A Michigan Postnuptial Agreement is a legal document formed and signed by two people that are in a legal marriage. This document may become very useful if a sudden, unexpected major change in the financial capabilities of either spouse. By signing this document, any misunderstandings regarding the way that a property should be shared are eliminated. This may happen if a divorce or the passing of a spouse occurs.

By presenting this agreement in court, it will minimize the time that the judge will spend looking at your case. This will lead to a decision on your case being made faster. For the Michigan Postnuptial Agreement to be implemented legally, you ought to take notes:

• Both spouses should sign the document;
• If the court rules that by accepting the agreement, it will provide one spouse with a major financial advantage in the event of a divorce, the document will not be accepted;
• Likewise, if the agreement can be used to save a marriage the judge may enforce it;
• Spouses must enter the contract on a voluntary basis;
• Spouses must also openly share their finances.

A Michigan Postnuptial Agreement template can be downloaded by clicking the link below.

Still looking for a particular template? Take a look at the related templates below:

• Prenuptial Agreement Template;
• Marriage Affidavit Template;
• Divorce Agreement Template.