Articles Tagged with prenup

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Who Needs a Prenup in California?

Who Needs a Prenup in California?Prenuptial agreements have a reputation for being exclusively useful for high-net-worth individuals and not of use or importance for “regular” couples, but this is not true. Taking time to identify the financial responsibilities and decisions within a marriage can ensure clear communication defining responsibilities, which often preserves the relationship from the financial stress of unaddressed matters.

With financial stress remaining a leading cause of American couples taking a step towards divorce, finding ways to establish financial understanding and delegation before the start of the marriage only sets you and your partner up for success. Prenuptial agreements can benefit every couple, not just high-earning individuals.

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How Can a Prenuptial Agreement Help My Marriage?

How Can a Prenuptial Agreement Help My Marriage?Marriage is more than an official union recognized by the government. It’s also a legal and financial partnership. It bears significant responsibility, including forfeiting some of the independent freedoms that will be shared between you and your new spouse. This is where prenuptial agreements come into play. If you’d like to create a prenuptial agreement, a California family lawyer can help.

Otherwise known as a “prenup,” these are official contracts agreed upon before marriage that outline how various financial affairs and assets will be dealt with in the event of a divorce. By better understanding the nature of these marriage contracts, soon-to-be newlyweds can better assess if a prenup is right for them.

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How to Bring Up a Prenup Discussion with Your Partner

How to Bring Up a Prenup Discussion with Your PartnerNo one plans for their marriage to end in divorce, but some people like to be prepared for things. A prenuptial agreement is like marriage insurance. No one plans to be in an accident, but some people take out a full coverage insurance policy to be prepared.

If you have assets going into marriage, the sensible and responsible thing to do is to protect those assets by developing a prenuptial agreement. Chances are you’ll never need to use your prenuptial agreement, but if you do, you’ll be glad it’s there.

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California Adoption – What You Need to Know

Contesting a Prenuptial Agreement

Many couples planning to marry decide to sign prenuptial agreements, also called premarital contracts, prenups, or premarital agreements. These legally binding contracts outline each party’s provisions, assets, and debts, including educational debts, medical bills, financial accounts, etc. They also set out the rights and obligations of both parties going into the marriage.

The purpose of these agreements is to provide protection for both spouses if they divorce later on. They may address such issues as property division, spousal support, and other aspects of divorce. The main regard of a prenuptial agreement is financial protection, as it is typically an area of caution when one spouse has a significantly higher amount of money, assets, or debt going into the marriage. These are voluntary agreements that require full disclosure of all financials, and they must comply with California state law to be enforceable.

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Why Are Premarital Agreements Important in California?

Why Are Premarital Agreements Important in California?

While they once held a more negative connotation, premarital agreements are becoming increasingly popular across the country. This is due to a combination of high divorce rates and the general need for people to protect their hard-earned property. Prenuptial agreements allow fiancées to detail important information regarding their personal assets, in addition to helping them outline how property should be distributed if a divorce occurs. If you’re about to get married in California, you should strongly consider creating a prenup with your partner.

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Everything You Need to Know About Premarital Agreements

Everything You Need to Know About Premarital Agreements

Getting engaged and planning a wedding is an exciting time in the life of a couple. Family and friends are celebrating with you as you prepare to begin your life together. Unfortunately, not every marriage will last. Most people do not enter into a marriage relationship planning for it to end in divorce, but it is important to be prepared for that potential outcome.

One way to ensure that both parties are protected and assets are divided fairly is to have a premarital agreement in place. A clear, well-developed premarital agreement will help ease the divorce process and guarantee that both parties receive their fair share of all assets. The experienced family law attorneys at Bickford Blado & Botros can help you craft a premarital agreement to meet both partners’ needs.

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How to Resolve Contested Divorce Mediation

How to Resolve Contested Divorce Mediation

Many divorcing couples in California are taking advantage of alternative dispute resolution to save time and money on their divorce cases. Divorce mediation has quickly grown to be the most popular form of alternative dispute resolution, allowing divorcing spouses to resolve their dissolutions under the supervision and direction of a neutral mediator. However, while many choose alternative dispute resolution to avoid the time investment, stress, and expense that divorce litigation demands, the reality is that even divorce mediation can devolve into a hotly contested legal battle.

It’s important to remember that divorce mediation only requires both you and your spouse to be willing to negotiate. Even if the two of you have trouble having the most basic civil discussions, you can still take advantage of the benefits of divorce mediation when you have legal counsel you can trust.

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Reasons a Premarital Agreement Can Be Voided

Reasons a Premarital Agreement Can Be Voided

A premarital agreement might be a valuable option for those who have assets they wish to protect in the event of a divorce. It’s important to use a highly qualified San Diego family law attorney to make sure the agreement is prepared properly. Even with careful preparation, there are situations where an agreement can be voided.

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Tips for Developing Your Prenuptial Agreement in California

Tips for Developing Your Prenuptial Agreement in California

Prenuptial contracts have something of a bad reputation, typically because most people view the suggestion of a prenuptial agreement as a sign of lack of faith that a marriage will last. While it’s true that a prenuptial contract can act as a blueprint for a future divorce, it can also provide substantial economic benefits to both spouses, effectively insulating them from one another’s debts and financial obligations. In addition, some people believe that prenuptial contracts are only necessary for very wealthy people; the reality is that this type of contract can offer significant legal protections to anyone.

If you have reservations about asking your spouse-to-be to consider a prenuptial agreement, it’s essential to understand what your agreement can include and the benefits of drafting one collaboratively with your partner. When done correctly, creating a prenuptial contract can yield strong financial protections for you and your spouse and help you have difficult conversations before marriage, potentially bringing you closer as a couple.

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How Does a Postnup or a Prenup Affect Your California Divorce?

How Does a Postnup or a Prenup Affect Your California Divorce?

In the State of California, both prenuptial and postnuptial agreements are recognized, and couples facing divorce need to be aware of the role the agreement plays. Among the many factors they must consider is the fact that certain issues may render various clauses, or the whole document, unenforceable. Anyone going through a divorce must first determine whether their agreement is valid in court before they start determining its potential influence on spousal support, child custody, and property division.

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