If you want to create a prenuptial agreement before you get married, it is important that you spend an adequate amount of time understanding the full implications of what you are considering -- before you ask your intended spouse to sign one. Prenuptial agreements are not automatically successful, and they need to be written out in a way that's fair to both parties.
What are the financial risks of a prenuptial agreement?
While they may not be the most romantic of declarations, prenuptial agreements are becoming gradually more socially acceptable in the United States. They can be beneficial for both parties, allowing for peace of mind in any eventuality. Additionally, they are beginning to be viewed as a way to prove that love is the real reason for the marriage, not material gain. From this perspective, prenuptial agreements may, in fact, be more romantic than they initially seem.
Can California premarital agreements have terms on alimony?
There are many different goals premarital agreements (also known as prenups) can be aimed towards. One is to set clear expectations as to what will happen with key financial issues if a divorce occurs. This can help protect a person's financial interests in the event of a divorce.
