Many couples fail to consider the legal and financial implications of choosing to marry. This decision is based on feelings of love and commitment, but it is prudent not to allow these feelings to keep a California couple from considering their long-term interests. One easy and practical way to do this is by drafting a strong, thoughtful prenuptial agreement.
What should be included?
There is no one-size-fits-all prenuptial agreement that will work for all couples. Each of these agreements should be custom-tailored to the needs and objectives of the two individuals. A prenup will include specific types of background information, as well as details regarding the details of finances, debt and more. Full and fair financial disclosure is necessary in order for a prenup to be valid.
Additionally, a prenuptial agreement should outline what each party should expect in the event the marriage ends. It can also include terms that pertain to alimony, division of marital debt and more. It can be as detailed or as general as the couple wants it to be, but more detailed terms may lower the chance of disputes in the future in case of a divorce.
The terms of a prenuptial agreement matter. When considering one of these agreements, it is helpful to work with an experienced California family law attorney. With appropriate guidance, it will be possible to draft a contract that will provide peace of mind for both parties. In order to ensure the prenup will withstand potential scrutiny in the future, all terms should be carefully considered by both soon-to-be spouses.