Pre/Post Nuptial Agreements
Pre-nuptial agreements are agreements entered into by unmarried individuals prior to marriage. The agreements pertain to the distribution of property upon divorce or death. In Michigan, pre-nuptial agreements are contractually binding and enforceable if there is no fraud or duress, and there is full disclosure by both parties of assets and liability.
Post-nuptial agreements are entered into by spouses after they are married. They may cover similar issues that are covered in pre-nuptial agreements. Post-nuptial agreements are utilized by some people to identify each spouse’s rights to property, alimony, etc. in case of a divorce.