Premarital Agreements

31
IN THIS CHAPTER
YOU WILL LEARN
• What a premarital agreement is and the
primary purpose it serves
• How the treatment of premarital agree-
ments has evolved in society and the law
• How premarital agreements differ from
other kinds of agreements made by
married and unmarried partners
• In what circumstances premarital
agreements may be appropriate
• The legal requirements for a valid
premarital agreement
• What a basic premarital agreement covers
• The current trends regarding enforceability
of premarital agreements
• The paralegal’s potential role with respect
to premarital agreements
chapter two
PREMARITAL
AGREEMENTS
R
ichard, 72, a retired engineer with five adult children,
has been married and divorced three times. He
believes he has finally met the ONE true love for him,
Elaine, 32, a widow and mother of three children. He wants
very much to marry her but not without a premarital agree-
ment, given his past experiences with divorce. Elaine has
said, “Whatever you want is fine with me.”
M02_WILS3688_01_SE_C02.QXD 8/7/08 4:18 PM Page 31
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