The Law Office of Karen H. Beckman

Prenuptial agreements help couples on the front end of marriage

Property division can be a sticky aspect of divorce, both for couples who have significant assets and for those who have modest assets. Depending on the state in which the divorce occurs, the law generally either divides up marital assets 50-50 or on an equitable basis. Needless to say, these blanket approaches do not fit the needs of many couples. Therefore, it is important to consider a prenuptial agreement.

Prenuptial agreements, when wisely drafted and properly executed, effectively trump state laws covering property division. But the benefits of prenuptial agreements are not just on the back end of a marriage—these agreements can also help on the front end as well. What exactly are we talking about?

It is fairly well-known within the world of family law that prenuptial agreements can actually help couples lay a more solid foundation for marriage in situations where finances are going to be an ongoing concern. The idea is that planning out the financial terms of a potential breakup can help put couples’ minds at ease and allow them to focus on the relationship itself. Then there is little guessing about what will happen to the property if a divorce takes place.

Couples can actually learn a lot about each other by working through the prenup process. In some cases, the process of working out the prenup may actually alert a couple to their financial incompatibility, which can lead to calling off wedding plans. Ultimately, this can be a good thing, since being on the same page financial speaking is very important in marriage.

This isn’t to say that prenuptial agreements abolish all possibility of fighting in the event of divorce, but only that when they are carefully planned out, they can drastically reduce the issues that can be fought over.

The important thing, when setting up a prenuptial agreement, is to make sure you are represented by an experienced attorney. Doing so will ensure your interests are well represented in the agreement. 

Source: Business Insider, “Here’s Why Every Couple Should Get A Prenup Before Marriage,” Libby Kane, August 5, 2014. 

No Comments

Leave a comment
Comment Information

A Trusted Family Law Advocate For Over 19 YearsFill out the form and we’ll be in touch with you shortly, or call us directly at 714-730-9771.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

The Law Office of Karen H. Beckman

The Law Office of Karen H. Beckman
17291 Irvine Blvd.
Suite 455
Tustin, CA 92780

Fax: 714-730-9615
Tustin Law Office Map