Irvine Prenuptial Agreement Lawyer
Understand the Benefits and Limits of a Prenup
It is a sad truth that in today’s society, signing a prenuptial agreement
before marriage is often viewed as if the parties have a lack of trust
that the marriage will endure. This sentiment could not be more false,
as our Irvine prenuptial agreement attorneys commonly assure our clients.
The truth is,
1 out of 10 couples enter into some sort of prenuptial agreement before they get married. But if every couple entered into marriage with
one, the couples that end up seeking a divorce would be protected while
the couples that continue their marriage would do so unaffected. It is
a win-win scenario.
The
Center for Mediated Divorce explains what you should know about prenuptial agreements and diffuses
some of the myths that surround it.
Are you interested in speaking with an attorney?
Schedule a consultation today!
Benefits of Signing a Prenuptial Agreement
As a divorce firm, we have encountered many different couples struggling
through the divorce process and wishing they had prepared beforehand.
Signing a prenup before you get married can ease many future struggles
and worries. Our Irvine prenup agreement attorneys have seen even the
most perfect and “meant-to-be” couples benefit from the prenup process.
There are numerous benefits to signing a prenuptial agreement, including:
- You learn how to communicate about money with your partner
- You control of your future finances, not California Law
- You gain peace of mind
- You can strengthen your relationship through the process
- You protect your interests in the event of a divorce
Discussing money and completely disclosing assets and interests is a good
thing for any couple about to get married. A prenup is a perfect way to
start problem-solving with your future spouse, figuring out how you can
come to solutions and compromise, and learning about your partner in a
way that you might not have had an opportunity to before.
Myths about Prenuptial Agreements
There are numerous myths that surround themselves around prenuptial agreements,
creating a stigma around the legal process. As Irvine prenuptial agreement
lawyers, our clients have asked as about these concerns, not sure if what
they heard was true or not.
Here are some common myths our firm has heard about the prenuptial agreement process:
-
They only benefit a wealthy spouse – False. A prenup is configured to protect both spouses, not just
those with high-net-worth and assets. If a spouse has a valuable and profitable
business, they can ensure that the worth and assets of the business are
protected, but that doesn’t mean that the other spouse gets nothing
in the event of a divorce. Both spouses can feel equally protected and
cared for when signing.
-
Planning for divorce is admitting defeat before you have started – Not true. People prepare for a lot of things that they hope will
never happen, i.e. car accidents, flooding, house fires, serious injuries.
The point of insurance is to make sure that you and your finances are
protected when unwanted or unplanned things occur. Preparing is a way
you can ensure everyone is protected
if it happens, not
when.
-
Signing a prenup means that everything I own remains my property – Yes and no. During the prenuptial process, you can determine what
property you would like to remain separate and what you would like to
be considered community property. Signing a prenup does not mean you automatically
agree that all property will remain separate. You can come to your own
conclusions and compromises when designing your agreement.
It should be disclosed that prenuptial agreements are not the answer to
all of your divorce problems. If you and your spouse have children during
your marriage, child custody and child support cannot be determined during
the prenup process. These matters must be determined during the divorce
process and are influenced by what is in the best interest of the child. Our
Irvine divorce lawyers can help you resolve these matters in the event of a divorce.
Currently, the CMD has noted that many couples seeking a Prenup have each
been married before and each wants to make it clear how their individual
assets will be divided between their respective children. This often protects
the children and gives them the clear knowledge of how their parents wish
their assets to be distributed.
Thus, Prenuptial agreements allow the marrying couple to clearly articulate
to their children how assets will be divided and eliminates disagreements
and disputes later on.
Contact the Center for Mediated Divorce
If you are seriously considering protecting your future with a prenuptial
agreement, contact a law firm that you can trust to provide you with knowledgeable
counsel and put your best interests first. Our Irvine prenup lawyers have
numerous years of experience helping our clients protect their futures
and start their marriages on the right foot.
To learn more about the prenuptial agreement process or how you can get started,
call our office at (714) 973-7917 or fill out one of our many online forms.