Prenuptial & Postnuptial Agreement Lawyer in Orange County
Many married couples and engaged couples often get a wary feeling when discussing prenuptial and postnuptial agreements. It is no secret that these agreements have notoriously received bad press by taking the romance out of a wedding and impending marriage. However, prenuptial and postnuptial agreements serve an important purpose by protecting your own assets upon entering into a marriage, regardless as to whether it is your first marriage. Both have been gaining popularity in recent years, not only because of the downturn of the economy, but also due to the evolution of the agreements themselves.
Prenuptial agreements serve a variety of purposes, but they most often protect both spouses’ assets prior to entering a marriage. This is important for a number of reasons, but especially in a community property state such as California. Any property acquired during a marriage in California will be considered community property, and therefore each spouse will have a claim to one half of the property. This may be an issue for spouses who enter into a marriage owning their own company or spouses who have children from a prior marriage. These individuals often want their children to be entitled to a portion of their company should anything happen to them in the coming years, and one of the best ways to protect this property is through the creation of a prenuptial agreement.
Prenuptial agreements are also used to help outline potential spousal support, alimony, child support, child visitation, child custody arrangements and agreements if a future divorce, legal separation, or annulment took place.
Postnuptial agreements operate in the same manner as prenuptial agreements, although these are signed and agreed to after a wedding. In recent years, postnuptial agreements have evolved to provide a framework for a marriage, rather than a framework on the disposition of assets and division of property. Modern couples have now increasingly begun looking to postnuptial agreements years after their wedding in order to request a spouse spend a set limit of money or participate in a set number of chores.
Postnuptial agreements have additionally received substantial press lately because of the more modern way in which they are being used now. Many spouses are now turning to postnuptial agreements to help draft an outline of their marriage essentially, including small details like which family the spouses will spend Christmas with, or defines the budget for home décor. Postnuptial agreements are now being used for a wide variety of marital issues and are now used throughout all income brackets, not just the high net worth individuals. A savvy married couple may want to consider looking into drafting a postnuptial agreement to help break out the household chores and define future spending obligations.
Free Legal Consultation Orange County Prenuptial & Postnuptial Agreement Attorneys
If you are considering a prenuptial or postnuptial agreement, do not hesitate to contact the experienced OC divorce and family attorneys of Boyd Law. Our Orange County prenuptial and postnuptial agreement attorneys have years of experience in drafting both prenuptial and postnuptial agreements and know how to best protect your assets and property from unfortunate situations which may occur in the future. Prenuptial and postnuptial agreements do not take the romance out of marriage, but are often the smart thing to do to protect your property and your family. Contact us at our Orange County office today for your initial free consultation.