POSTNUPTIAL AND PRENUPTIAL AGREEMENT ATTORNEYS

As more couples start their married life with more individual assets and a higher net-worth than previous generations, prenuptial and postnuptial agreements are increasingly common. The Reape-Rickett Law Firm has highly experienced prenuptial agreement attorneys and postnuptial agreement lawyers in Los Angeles to negotiate and draft prenuptial and post-nuptial agreements.

These agreements can be used to help couples decide how to protect their individual assts before or during marriage or in the event of divorce or death. The agreements may also be used to insulate from the debts and liabilities of a spouse who may put the community at risk. Prenuptial and postnuptial agreements can further assist in protecting the rights of children from prior relationships, the business interests of a business owner or professional practice owner, and those entering a second or later in life marriage. Both agreements can be tailored to define the scope of assets or income affected by its terms

The Benefits of a Prenuptial Agreement

A prenuptial agreement is a legal contract made between spouses before the wedding to outline the division of property and finances if the marriage ends in divorce or death. Prenups can be used to shape the financial consequences of marriage in a number of different ways including but not limited to:

● Limit the amount of spousal support that is payable upon divorce.
● Ensure that when you pass away, your assets are distributed according to your wishes. For example, assets will go to your children from a previous marriage.
● Ensure that the spouse who is in a financially weaker position is protected.
● If certain debts are personal or shared.
● If you own a business and your marriage ends, your spouse could gain an interest in the business if no prenuptial is in place.

There are limitations to what can be included in a prenuptial agreement. Anything related to child custody, visitation, and support cannot be addressed in a prenuptial agreement.

What is the Difference Between a Prenuptial Agreement and Postnuptial Agreement?

Prenuptial agreements are signed prior to the parties being marries, (several days or weeks before the ceremony), while postnuptial agreements are signed after the marriage. Postnuptial agreements can be created during a marriage for a number of reasons, included but not limited to:

● To change the character of property.
● Clarify ownership of property.
● Amend or revoke a prenuptial agreement.
● Or in the event one spouse suddenly has considerable wealth from an asset that had little value before the marriage.

Our Los Angeles prenuptial agreement attorneys can assist future and current spouses in planning for their futures together. While an agreement is not a guarantee that a divorce will not occur later, such agreements can reduce potential disputes in the event of a divorce.