We Will Help You Write A Thorough Prenuptial Agreement
California is a “community property” state, which means that all of a couple’s assets are either the “separate property” of just one spouse, or shared 50-50 as “community property” of the couple. A prenuptial agreement is the best way to formally define each party’s property rights at the beginning of a marriage.
A thorough prenuptial agreement will also use these decisions to specify property division decisions in the event of divorce.
Premarital planning also calls on both parties to agree to potentially thorny issues, including:
- Spousal support, also known as alimony: In California, it is possible for the lower earning spouse to voluntarily limit or waive his or her right to spousal support in the event of divorce.
- Retirement benefits: It is possible to designate retirement benefits as the separate property of one spouse, or to share the benefits.
- Management of household bills and expenses: Every family has its own way of making the day-to-day decisions that keep a household running.
- Protecting a separate business: If one spouse owns a business, the couple can choose whether to define this as separate or community property.
Unlike spousal support, child custody and child support decisions cannot be made in a prenuptial agreement.
Craft A Prenuptial Agreement That Works For You, With A Lawyer’s Help
We’ll help you and your spouse reach a fair agreement that will serve in good times and bad. To see what we can do for you, contact us online or call us at 415-457-4497 to schedule an initial consultation.