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Prenuptial / Postnuptial Agreement
Prenuptial Agreement
A prenuptial agreement is a once-in-a-marital-lifetime opportunity for you and your affianced to collaborate on future orders that will control what happens to any marital property in the event of a divorce or death of a spouse; if you and your spouse choose not to get a prenup, the laws of California will control the terms of your divorce, and you may find that those terms are not the right fit for you.
Every couple deserves the peace of mind and security that a prenup provides, whether they are protecting retirement assets, securing assets for children from previous relationships, shielding one’s spouse from the other’s debts, or waiving obligation to pay spousal support in the event of divorce.
Prenups are not just for the rich, contrary to popular belief, although prenups are advisable for persons looking to protect their wealth. Couples of more modest means are increasingly turning to prenups for their own purposes, such as to preserve property for their children that would otherwise revert to the other spouse in the event of their passing, or simply to avoid the headache of debating over dissolution provisions later.
Postnuptial Agreement
Post-nuptial agreements are similar in form and purpose to prenuptial agreements, but they occur during the marriage, after parties have already tied the knot. A postnup is just as binding as a prenup, and the reasons for getting one vary. Sometimes parties are unable to finish negotiations prior to the wedding and come back to the project, or an inheritance may be forthcoming, and the parties want to lay down the terms of any claims toward the inheritance. A large liquidity event, such as the sale of a company, and the dispersal of any proceeds is also a good cause for seeking a prenuptial agreement.
Whatever your reasons, The Zhou Law Group is here to help you protect yourself, your family, and your property by preparing one of these binding, high-liability agreements.