Ideally, all couples looking to get married should at least engage in the process of getting a prenuptial agreement. As I’ve said before, negotiating a prenuptial agreement provides a very valuable opportunity for couples to discuss their mutual financial situations, their outlook on finances and their future goals.
I’m often surprised when I do estate planning [...]
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Yes. A prenuptial agreement is simply a contract. A valid contract is valid in all 50 states despite the change in divorce laws and location.
What about states like California and New Mexico that have community property?
Well, in those states, your prenuptial agreement will still be valid! Community property laws or the Equitable Division laws of [...]
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All gay, lesbian and same-sex couples who are planning to marry should get a prenuptial agreement. This is more important for a same-sex couple than for a heterosexual couple. Let me explain.
Because of the Defense of Marriage Act (DOMA), constitutional bans on same-sex marriage in other states, and a lack of same-sex marriage laws in [...]
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Yes and no.
In one of my previous posts, I had talked about the criteria for upholding a prenuptial agreement in court and one of the factors was fairness. When I talk about fairness, it is on a spectrum of how unfair it is. It’s not whether the prenuptial agreement is fair – or not.
A prenuptial [...]
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This post isn’t about not being a gold-digger or a follow-up to my Divorced but Living Together post. Now that that’s out of the way…
In a recent article in DETAILS magazine, Yaran Noti writes about marriages where couples keep completely separate finances. Now, they are married and they live together. They just simply keep separate bank accounts, credit [...]
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Who needs to get a prenuptial agreement (also known as a premarital agreement)?
Anyone who’s getting married. A prenup isn’t only for individuals or couples with a lot of money. It is a versatile document that not only outlines how pre-marital assets are to be treated but also debts, marital obligations, future division of [...]
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Spring and Summer are traditionally the seasons when most people get married. So it’s not a surprise that I’ve been getting a huge number of calls and clients asking for prenups (or more properly prenuptial agreements or premarital agreements).
The unfortunate thing I find myself telling most of these clients is that they should’ve contemplated [...]
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