What are prenuptial agreements?
Prenuptial agreements are legal contracts that couples sign to determine what will happen with their assets in the event of a divorce. These prenups can address property division, spousal support, and other issues that may arise if the couple decides to end their marriage.
Who needs prenups?
Anyone who wishes to protect their assets in the event of a marriage ending needs prenuptial agreements. These prenups can be used by married or engaged couples. If you do decide you need this, hire a Los Angeles prenuptial agreement lawyer. This way you can be sure your prenuptial agreement will stand up in court.
Why do I need a Prenuptial Agreement in Los Angeles?
Prenuptials are particularly important for high-net-worth individuals, who often have complex financial circumstances that could reduce their assets significantly in a divorce settlement. Prenuptial agreements allow individuals to pre-decide how their assets will be divided and what support they may or may not receive from a spouse. They can also help spouses avoid costly court battles when deciding who gets what in a divorce.
In addition, prenups are important for protecting pre-existing separate property. If you pre-decide what will happen to your pre-marriage assets, there is less chance of losing out on them in a court battle. Harris Family Law Group are a family law firm in Los Angeles that can draft up a legal prenuptial agreement for you and your future spouse.
Prenuptial agreements are often helpful for protecting children from previous relationships. By pre-deciding how custody and child support may be handled during a divorce, you can prevent long and costly child custody battles.