Why should you have a prenuptial agreement?

By |2022-04-06T19:08:03+00:0010 Oct 2014|Categories: Prenuptial Agreements, Marital Property, Protect Assets|

Why should you have a prenuptial agreement?

California residents are used to hearing about celebrities opting to have a prenuptial agreement when they marry. This is why many people seem to believe that a prenup is just for celebrities. That is not actually true, because any marrying individual can enjoy the benefits of having a prenuptial agreement.

Whether you are a dedicated business man or woman or someone who is just starting their career, having a prenup when you marry your significant other makes sense. A prenuptial agreement can protect assets, rights and interests in the marriage. Any couple who brings their assets into the marriage may find a prenup advantageous. It preserves the expectation of both parties when it comes to the financial matters of marriage, and eventually helps to prevent financial disagreements in the event of a divorce. This marital agreement can also clarify the financial rights and responsibilities for each party.

The power of a prenup is all about asset protection. It clarifies what’s mine, what’s yours and what’s ours during the marriage and divorce. With a prenuptial agreement, soon-to-be-spouses can safeguard their personal assets such as a small business, bank accounts, and investments. The prenup will preserve those properties as non-marital property, exempting it from property division during a divorce. This means that if you have real estate that you acquired before marriage, that asset would not be subject to division. You can address all financial matters in a prenuptial agreement except child support. A prenuptial agreement is particularly important for California residents because they reside in a community property state.

And if you are one of those people consider remarrying, a prenuptial agreement can help you protect your children’s financial future. Couples who have children from a previous marriage can safeguard their assets through a prenup. So if that person gets divorced again, their new spouse cannot claim rights or interests over those assets.

Source: Fox Business, “Why Engaged Couples Should Sign a Prenup” Robert DiGiacomo, Accessed on Oct. 2, 2014

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
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