Are you planning a wedding? Do you have assets that you would like to protect just in case your marriage does not last? Do you have questions about whether a prenuptial agreement is right for you?
A prenuptial agreement is a contract between two unmarried people that decide the terms of a divorce before they even marry. Take a look at the reasons you should consider preparing one:
- One or both of you have substantial assets you wish to protect
- You have a child from a previous relationship
- Helps to remove some of the animosity and financial uncertainty from a future potential divorce
As long as your agreement is prepared correctly, it will stand up in court. However, it could be invalidated if:
- There is a failure to make a full financial disclosure
- There is existence of duress, coercion, or fraud
- Failure to make adequate provisions for your spouse with less assets
If you have questions regarding prenuptial agreements, and would like to protect your assets prior to marriage, it is wise to contact an experienced Orange County Family Law attorney who can assist you if your future spouse has given you such an agreement to review.
