Fullerton, California, Pre-Marital Agreement Attorneys
In the past, the concept of a pre-marital (or prenuptial) agreement was seen as controversial. But times have changed, and couples of all ages, incomes, and economic backgrounds have started to realize the benefit of pre-marital planning.
Both prenuptial and postnuptial agreements can be customized to any specificity. To learn how a prenuptial agreement can protect your individual interests in the event of divorce, contact a family law lawyer from Patterson Hanna & Associates.
The Benefits of Getting a Prenuptial or Postnuptial Agreement
- A prenuptial agreement is established before entering into a marriage.
- A postnuptial agreement is established after a couple is married.
One of the main benefits of a prenuptial or postnuptial agreement is that it can define separate property. Property division in divorce is often the most disputed divorce-related matter. By establishing separate property before marriage, future property divisions disputes can be avoided in the event of divorce.
Prenuptial and postnuptial agreements are especially useful in second marriages. Often, people entering into a second marriage have acquired more property individually, such as cars, retirement accounts, or real estate. While the legal process of marriage establishes a legal contract between two people, it is still important for each party to protect what each has earned individually.
Other items a prenuptial or postnuptial agreement can address:
- If one spouse has inherited property from a family member during marriage, that property can be kept separate by establishing a postnuptial agreement.
- A prenuptial agreement can set terms on spousal support, establish a termination date, or cap the amount that will be paid.
- If one spouse has substantial debt, a prenuptial agreement can limit the debt liability of the other spouse.
Start With a Consultation
Learn more about the benefits of establishing a pre-marital agreement by contacting an Orange County prenuptial and postnuptial agreement attorney from our firm.