12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Deciding Whether a Pre-Nuptial Agreement is Right for You in San Marino, CA

Deciding Whether a Pre-Nuptial Agreement is Right for You in San Marino, CA


Love is a symbol of eternity. It wipes out all sense of time, destroying all memory of a beginning and all fear of an end.
 
- Author Unknown


A prenuptial agreement is a contract executed by a couple before they marry, and it concerns the ownership of their respective assets should the marriage fail.

Nothing kills romance faster than the word pre-nup. On a practical level, with almost half of all marriages ending in divorce, a prenup may be an insurance policy in case things don't work out long term.

Marriage is not just an emotional and physical union, it's also a financial union. A prenup and the discussions that go with it can help place the financial well-being of the marriage on a solid foundation. The contract spells out how assets will be distributed in the event of divorce or death.

Getting to know your assets and property can help make up your mind if need to have a prenuptial agreement before you get married. There are three steps to determine this:

1. Take a Prenuptial Quiz. If you and your spouse-to-be answer yes to any of these questions, chances are having a pre-nup is helpful. If most answers are no, aprenup can still be helpful but not as critical.<.p>

  • Do either of you possess any real estate?
  • Do either of you possess money amounting to $50,000 or more aside from having real estate?
  • Do either of you own a business?
  • Do either of you earn more than $100,000 annually?
  • Do either of you have any valuable employment benefits like stock options or profit sharing or have you earned more than a year's worth of retirement benefits?
  • Does either of you plan to pursue an advance degree while the other one works?
  • Do either of you have other heirs for your estate other than your spouse when you die?


  • 2. Identify Important Issues

    List all the issues you want addressed in a prenuptial agreement. In this way you can check and discuss these issues with your spouse-to-be. These issues may touch upon subjects like separation of property, how to handle money and property during the course of marriage, alimony, or how your property will be treated after death.

    Other common prenup topics may include:

  • Joint or separate property
  • Estate planning issues including leaving family property or provisions for children from previous marriage
  • Handling of separate businesses
  • Separate handling of each person's debts
  • In case of separation or divorce, who gets what, including alimony
  • Income tax returns, filing and allocation of income
  • Who will be responsible for the household expenses and how payments will be funded
  • Managing joint bank accounts and separate bank accounts
  • Specific big ticket purchases
  • Credit card charges and and how payments will be funded
  • Investment and savings plans for the future
  • Arrangements regarding education
  • Agreements regarding the provisions for the surviving spouse just in case the other one passes away.
  • How to settle disagreements in the future


  • 3. Assess your Comfort Level

    On a scale from 1 to 5, with 5 being the highest, how comfortable are you with the idea of having a prenup? How comfortable do you estimate your spouse-to-be will be with a prenup?

    Score of one to two: What are the reasons for your discomfort? Are you unsure whether you are in a better legal and financial position without a prenup vs. with a prenup? Do you know enough about the laws and regulations about prenup in your state? Are you worried about offending your fiancé? Is it possible that the two of you need to be able to talk about difficult matters in a loving way, as a way to pave the way for more open communication with your spouse-to-be in the future?

    Score from three to five: if you are comfortable enough to talk to your fiancé, then go ahead and start discussing the specifics. Discussing it in a level-headed manner can be a good start to see each other eye to eye. Be open about the discussion and don't take all in one go. Take your time, be open minded and build on trust openness and transparency.

     
    Personalize & Print a Free CA Premarital Create This Document
    Page 1
    Page 2
    Page 3
    Page 4
    Page 5
    Page 6
    Page 7
    Page 8
    Page 9
    Page 10
    Page 11
    Related Legal Services near San Marino, CA
    Martineau & Knudson
    2540 Huntington Dr
    San Marino, CA 91108
    (626) 285-9955
    Attorneys, General Practice Attorneys, Legal Service Plans, Civil Litigation & Trial Law Attorneys,
    Zhou Minzhi
    2135 Huntington Dr
    San Marino, CA 91108
    (626) 577-9861
    General Practice Attorneys, Attorneys, Legal Service Plans
    Young George L Law Office
    2485 Huntington Dr
    San Marino, CA 91108
    (626) 795-9699
    General Practice Attorneys, Attorneys, Legal Service Plans
    Delinko David F
    2100 Huntington Dr
    San Marino, CA 91108
    (626) 284-9654
    General Practice Attorneys, Attorneys, Legal Service Plans
    Charles T Mathews Law Office
    2596 Mission St Suite 204
    San Marino, CA 91108
    (626) 683-8291
    Product Liability Law Attorneys, Attorneys
    Du Anna
    2975 Huntington Dr # 205
    San Marino, CA 91108
    (626) 585-8288
    Corporation & Partnership Law Attorneys, Attorneys, Business Law Attorneys
    W Patrick Mc Philamy Iii Pc
    2596 Mission St
    San Marino, CA 91108
    (626) 799-8000
    Attorneys Referral & Information Service, Attorneys, General Practice Attorneys
    Bronwen Price
    2600 Mission St
    San Marino, CA 91108
    (626) 799-7800
    Attorneys, General Practice Attorneys, Legal Service Plans
    Total Attorneys - Personal Injury
    PO Box 274231
    San Marino, CA 91118
    (626) 657-7513
    Legal Service Plans, Attorneys
    Reay & Shaw
    2425 Mission St # 1
    San Marino, CA 91108
    (626) 799-6618
    Attorneys, Adoption Services, Legal Service Plans, General Practice Attorneys
    Sino American Affairs
    2555 Huntington Dr
    San Marino, CA 91108
    (626) 796-5888
    Paralegals, Legal Document Assistance
    Christopher L. Hoglin
    2920 Huntington Drive Suite 288
    San Marino, CA 91108
    (877) 622-5813
    Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Bankruptcy Law Attorneys
    Jack Conway Attorney
    2460 Huntington Dr
    San Marino, CA 91108
    (626) 285-4333
    Attorneys,  Family Law Attorneys,  Accident & Property Damage Attorneys,  DUI & DWI Attorneys,  Lega
    VISA SERVICES
    2100 Huntington Dr Suite 4
    San Marino, CA 91108
    (626) 354-4222
    Immigration Law Attorneys
    Doo And Chong Attorneys
    2596 Mission St
    San Marino, CA 91108
    (626) 403-3322
    Attorneys, General Practice Attorneys, Labor & Employment Law Attorneys, Legal Service Plans, Employ
    Graynom-Daly Debra
    2600 Mission St
    San Marino, CA 91108
    (626) 403-0932
    General Practice Attorneys, Attorneys, Legal Service Plans
    12Law.com   |  NASHVILLE, TN USA   |  CONTACT US