[A] agreement between potential spouses who are caught up in contemplating marriage and who are effective in marriage. What some may not recognize is that pre-marital agreements may also express the distribution of ownership that will occur at the time of a spouse`s death, to ensure that a person`s property goes to intentional recipients. A marriage agreement may also include the issue of the distribution of life insurance funds. Similarly, a spousal agreement may require spouses to develop estate plans that reflect the asset plans defined in the agreement. Marital agreements are defined by Arkansas state law as: an example of a typical matrimonial agreement is available here. Here you`ll find lawyers in Arkansas who can make a marriage pact for you. These agreements are legal instruments that help protect everyone`s wealth during marriage. These documents do not interfere with marriage, but can instead eliminate some of the stress of the asset combination. To be valid, marital agreements require each person to pay off all assets and debt.

State law explicitly requires “fair and equitable disclosure of the property or financial obligations of the other party” in order for the contract to be valid. After disclosure, the couple can discuss how to classify the assets. I, [Spouse`s Name] and [Spouse`s Name], revokes, expires and cancels the marriage agreement signed on ______Tag of . We, the spouses, have both agreed to revocation of our free will and not under the illegitimate coercion or coercion of the outsider. Since marriage is an emotional and financial partnership, the agreement with both parties, who think “right now” and not what is best for everyone, can be exploited. Therefore, the following steps must be followed as a checklist when establishing a marriage agreement. However, what spouses are not allowed to include in a matrimonial agreement is a restriction on custody of the children. After discussions between the two parties, it is time to become final. In most countries, it is necessary for each spouse to keep his or her own lawyer. In addition, it is best to have lawyers who are not in the same office to avoid conflicts of interest. It is recommended that each spouse obtain a divorce lawyer in the state where the agreement is signed. You can also see what an Arkansas marriage contract looks like on Free Legal Aid.

The annulment of a marriage agreement is subject to the agreement of both parties. It can be revoked on a 1-page agreement, notary recommended, with the following language: A marriage agreement becomes mandatory once a few weds as long as it has been validly executed.