Is a “wedlease” similar to a prenuptial agreement?

By |2022-10-07T09:49:47+00:0030 Aug 2013|Categories: Prenuptial Agreements, Entering a Marriage|

For most people, Orange County, California, couples included, entering a marriage is a commitment to maintain a lifetime partnership. That’s why a number of couples take a tremendous amount of time, effort and finances to plan and prepare not just for the wedding but also for the marriage itself. Couples who are still a bit unsure about taking the proverbial plunge take a “look before you leap” approach and bide their time to get to know each other better.

Recently, a lawyer created the idea of a “wedlease”-a marriage contract that has an expiration date personally designated and agreed upon by the couple. The expiration could be one, five or even 10 years, whatever the couple feels is appropriate. Inspired by a tenant and landlord agreement, a couple can decide to extend the wedlease if the marriage is going well and terminate it if things are not going well.

In the event of a divorce in a wedlease, the couple can agree on the disposal terms of property and assets. Assets can be sold or profits can be split, based on the amount of money each spouse brought into the marriage.

One way to provide a widely recognized contract in a marriage would be to use a traditional prenuptial agreement. If an Orange County couple is contemplating marriage and is interested in the merits of a prenuptial agreement, the couple may wish to consult a family law professional. Legal guidance may help answer questions on what possible provisions are enforceable in a prenuptial agreement.

Source: The Street “Are You and Your Partner Ready to Sign a Lease on Your Own Marriage?,” Brian O’Connell, Aug. 20, 2013

About the Author:

Dorie Anne Rogers - The Law Offices of Dorie A. Rogers, APC
Dorie A. Rogers, a Family Law Specialist, Certified by the State Bar of California, has been an attorney since 1981 with an exclusive family law practice located in Orange County. She is accepting dissolution cases with support and property issues including the use of forensics to ascertain business value, community interests and to establish monthly case flow analysis. Ms. Rogers has substantial experience in high conflict custody litigation involving sophisticated psychological issues. She drafts premarital and postmarital agreement designed to define and establish parties' separate and community property interests. Paternity cases and domestic violence matters are considered part of her practice. Ms. Rogers is a court-approved and court-appointed to represent minor children.Ms. Rogers consults with individuals concerned about entering or exiting a relationship. She advises effective strategies for dissolution or premarital planning. Knowledge is power and good planning affords better results.Specialties: Family Law Specialist, Certified by the State Bar of California
Go to Top