CONGRATULATIONS! You finally found Mr. or Ms. Right, the person with whom you’re hoping to spend the rest of your life. As you prepare to walk down the aisle and say “I do”, there’s an important conversation you and your fiancé should have – whether or not to get a prenuptial agreement.You may have heard of, or yourself experienced, horror-divorce stories. They seem to be prevalent and ubiquitous nowadays. Assets fought over tooth and nail, alimony battles dragging on for years, retirement funds decimated. It’s enough to make any couple heading to the altar shudder. But there IS something you can do to protect yourselves.
Prenuptial [i.e., pre-marital] agreements (called “prenups” for short) have become all the rage for modern couples looking to enter their marriage with their eyes wide open. A prenup is a legal contract a couple signs before they get married that spells out how they’ll handle the financial aspects of their marriage – and what will happen in case of divorce.Prenups commonly include provisions for:
While it may not seem romantic to plan for a potential split when you’ve just decided to tie the knot, hammering out these issues BEFORE you walk down the aisle can save a lot of heartache later. Think of it as an insurance policy for your marriage.
Prenuptial agreements–and the negotiations leading up to it–can, however, be damaging. So we advise people to think long and hard before pursuing one. On one hand, a prenup can provide clarity and protect both parties in the event of a divorce. On the other hand, discussing a prenup can put a damper on the romance and introduce a feeling of distrust into the relationship.Some of the benefits of having a prenup include:
However, there are some drawbacks to consider:
Ultimately, whether or not to get a prenup is a very personal decision that each couple must make for themselves based on their unique situation. There’s no one-size-fits-all answer.
If you do decide to move forward with a prenup, it’s important to understand what can and can’t be included per California law. In general, a prenup can cover most financial aspects of the marriage, but there are some limitations.A California prenup CAN include:
However, a California prenup CANNOT include:
It’s crucial that a prenup sticks to financial matters and doesn’t venture into personal territory. The court is likely to strike provisions about non-monetary issues.
For a prenuptial agreement to be valid and enforceable in California, it must:
Each party should also have their own attorney review the prenup before signing. Using the same attorney for both parties opens the door for the prenup to be challenged later on the grounds of not fully understanding the terms.
At Spodek Law Group, we understand what’s at stake when it comes to prenuptial agreements. This document can have a profound impact on your financial future for years to come. That’s why it’s so important to have an experienced attorney guiding you through the process.Our team of skilled family law attorneys can help you with all aspects of your prenup, including:
We know this can be a sensitive, emotionally-charged issue. Our goal is to make the process as smooth and stress-free as possible while vigilantly protecting your interests. We’ll be by your side every step of the way to ensure you feel confident and secure in your prenup.
To give you a better idea of when a prenup might make sense, here are a few examples of situations where our clients have benefited from having one:
These are just a few scenarios where a prenup can provide valuable protection and peace of mind. However, every couple’s situation is unique. The best way to determine if a prenup is right for you is to speak with a knowledgeable attorney.
Considering that a prenuptial agreement can be more destructive than constructive, which San Diego prenuptial agreement attorney you select to represent you can be very important. You need someone who will take the time to understand your unique needs, goals, and concerns. Someone who will be a fierce advocate for your interests while also working to achieve a fair, balanced prenup that works for both parties.At Spodek Law Group, we pride ourselves on providing compassionate, personalized service for all our clients’ family law needs. When you work with us, you can expect:
Spodek Law Group is one of the premier law firms in the country. If you’re on our website – it’s because you’re looking for the best. We have a proven track record of success in handling complex prenuptial agreements for high-net-worth individuals. We know what it takes to protect your assets and secure your financial future.
If you’re considering a prenuptial agreement, the first step is to speak with an experienced attorney who can advise you of your rights and options. Don’t wait until the last minute – these agreements take time to negotiate and draft properly.
Please feel free to email us any questions regarding services that we may assist you with. You may also contact us by mail, telephone or fax.