Prenuptial Agreement Lawyers in San Diego
Contents
- 1 Prenuptial Agreements in San Diego: Protecting Your Future Together
- 2 What is a Prenuptial Agreement?
- 3 The Pros and Cons of Prenups
- 4 What Can and Can’t be Included in a Prenup
- 5 Ensuring Your Prenup is Enforceable
- 6 How We Can Help Protect What Matters Most
- 7 Real-Life Prenup Scenarios
- 8 Choosing the Right Attorney for Your Prenup
- 9 Take the First Step Today
Prenuptial Agreements in San Diego: Protecting Your Future Together
CONGRATULATIONS! You finally found Mr. or Ms. Right, the person with whom you’re hoping to spend the rest of your life. As you prepare to walk down the aisle and say “I do”, there’s an important conversation you and your fiancé should have – whether or not to get a prenuptial agreement.You may have heard of, or yourself experienced, horror-divorce stories. They seem to be prevalent and ubiquitous nowadays. Assets fought over tooth and nail, alimony battles dragging on for years, retirement funds decimated. It’s enough to make any couple heading to the altar shudder. But there IS something you can do to protect yourselves.
What is a Prenuptial Agreement?
Prenuptial [i.e., pre-marital] agreements (called “prenups” for short) have become all the rage for modern couples looking to enter their marriage with their eyes wide open. A prenup is a legal contract a couple signs before they get married that spells out how they’ll handle the financial aspects of their marriage – and what will happen in case of divorce.Prenups commonly include provisions for:
- Division of property in divorce
- Alimony/spousal support
- Incurring debts during marriage
- Rights to buy, sell, use property
- Inheritance and death benefits
- Protection of one spouse from the other’s debts
While it may not seem romantic to plan for a potential split when you’ve just decided to tie the knot, hammering out these issues BEFORE you walk down the aisle can save a lot of heartache later. Think of it as an insurance policy for your marriage.
The Pros and Cons of Prenups
Prenuptial agreements–and the negotiations leading up to it–can, however, be damaging. So we advise people to think long and hard before pursuing one. On one hand, a prenup can provide clarity and protect both parties in the event of a divorce. On the other hand, discussing a prenup can put a damper on the romance and introduce a feeling of distrust into the relationship.Some of the benefits of having a prenup include:
- Protecting premarital assets and inheritance
- Clarifying financial rights/responsibilities during marriage
- Avoiding long, costly divorce proceedings
- Establishing alimony terms ahead of time
- Protecting one spouse from the other’s debts
- Preserving family ties and inheritance for children from prior marriages
However, there are some drawbacks to consider:
- Prenups aren’t romantic and can dim the excitement of getting married
- Negotiating a prenup can cause conflict and stress
- A prenup may make it seem like you’re anticipating divorce
- If the prenup is unfair or too one-sided, a court may not enforce it
- Circumstances may change over time, making the prenup outdated
Ultimately, whether or not to get a prenup is a very personal decision that each couple must make for themselves based on their unique situation. There’s no one-size-fits-all answer.
What Can and Can’t be Included in a Prenup
If you do decide to move forward with a prenup, it’s important to understand what can and can’t be included per California law. In general, a prenup can cover most financial aspects of the marriage, but there are some limitations.A California prenup CAN include:
- Designation of which property remains separate vs marital
- Division of assets and debts in divorce
- Alimony/spousal support terms
- Each spouse’s rights to control or transfer property during marriage
- Provisions for how property will be distributed upon death
However, a California prenup CANNOT include:
- Anything illegal
- Unfair or unconscionable terms
- Provisions that encourage divorce
- Waivers of child support or custody
- Limitations on a child’s right to support
- Non-financial requirements (e.g. chore division, where to spend holidays, etc)
It’s crucial that a prenup sticks to financial matters and doesn’t venture into personal territory. The court is likely to strike provisions about non-monetary issues.
Ensuring Your Prenup is Enforceable
For a prenuptial agreement to be valid and enforceable in California, it must:
- Be in writing (oral prenups are not valid)
- Be signed by both parties voluntarily (not under duress or pressure)
- Include a full disclosure of each person’s assets/debts
- Be notarized
- Be fair and reasonable to both sides
- Be executed by both parties before marriage (not after)
Each party should also have their own attorney review the prenup before signing. Using the same attorney for both parties opens the door for the prenup to be challenged later on the grounds of not fully understanding the terms.
How We Can Help Protect What Matters Most
At Spodek Law Group, we understand what’s at stake when it comes to prenuptial agreements. This document can have a profound impact on your financial future for years to come. That’s why it’s so important to have an experienced attorney guiding you through the process.Our team of skilled family law attorneys can help you with all aspects of your prenup, including:
- Evaluating whether a prenup is right for your situation
- Negotiating terms that are fair and balanced for both parties
- Ensuring the prenup is comprehensive and legally-sound
- Confirming all assets and debts are fully disclosed
- Reviewing the prenup with you so you understand the implications
- Representing you in court if needed to enforce or challenge the prenup
We know this can be a sensitive, emotionally-charged issue. Our goal is to make the process as smooth and stress-free as possible while vigilantly protecting your interests. We’ll be by your side every step of the way to ensure you feel confident and secure in your prenup.
Real-Life Prenup Scenarios
To give you a better idea of when a prenup might make sense, here are a few examples of situations where our clients have benefited from having one:
- John and Sarah: John is 15 years older than Sarah and has substantially more assets. He wants to ensure his premarital property and inheritance remains separate.
- Lisa and Tom: Lisa owns a successful business that she started before meeting Tom. She wants to protect her ownership stake and clarify that Tom won’t be entitled to half the business if they divorce.
- Melissa and Steve: This is a second marriage for both Melissa and Steve. They each have children from prior marriages and want to ensure their assets will go to their own children if something happens to them.
- Angela and David: Angela has significant student loan debt from medical school. She wants a prenup to clarify that this debt remains hers alone and won’t become David’s responsibility.
These are just a few scenarios where a prenup can provide valuable protection and peace of mind. However, every couple’s situation is unique. The best way to determine if a prenup is right for you is to speak with a knowledgeable attorney.
Choosing the Right Attorney for Your Prenup
Considering that a prenuptial agreement can be more destructive than constructive, which San Diego prenuptial agreement attorney you select to represent you can be very important. You need someone who will take the time to understand your unique needs, goals, and concerns. Someone who will be a fierce advocate for your interests while also working to achieve a fair, balanced prenup that works for both parties.At Spodek Law Group, we pride ourselves on providing compassionate, personalized service for all our clients’ family law needs. When you work with us, you can expect:
- A free initial consultation to discuss your situation
- A carefully tailored legal strategy designed to meet your goals
- Skilled negotiation to achieve the best possible terms
- Meticulous attention to detail in drafting your prenup
- Aggressive courtroom representation if needed
- Constant communication and support throughout the process
Spodek Law Group is one of the premier law firms in the country. If you’re on our website – it’s because you’re looking for the best. We have a proven track record of success in handling complex prenuptial agreements for high-net-worth individuals. We know what it takes to protect your assets and secure your financial future.
Take the First Step Today
If you’re considering a prenuptial agreement, the first step is to speak with an experienced attorney who can advise you of your rights and options. Don’t wait until the last minute – these agreements take time to negotiate and draft properly.