Prenuptial Agreements Attorneys in Encino
Our Experienced Legal Team Serves All of Los Angeles & the San Fernando Valley
If you are looking to secure your financial future with a premarital agreement, Aharonov & Revy Family Law can walk you through the legal process. Our Encino prenuptial agreements lawyers can inform you of what can and cannot be included in the contract, as well as make sure that it meets all the legal requirements.
To discover more about prenuptial agreements and their many benefits, contact us now.
Reasons & Requirements for Prenups
A prenuptial agreement is a legal tool that allows couples to set arrangements about their property rights during marriage and in the event of a divorce or death. This is a legally binding contract, and each party is required by law to uphold the stipulations set forth.
There are a variety of reasons to get a prenuptial agreement, including:
- To govern over particular financial matters of the couple’s future
- To create limitations on separate property
- To establish terms for spousal support
- To prevent the transfer of a family business to another owner
- To preserve an individual’s property or inheritance
- To arrange ownership of property for tax purposes
- To protect assets for children from a previous relationship
In California, when a couple drafts a prenuptial agreement, they must do so according to specific guidelines for the contract to be valid.
The legal requirements for a prenuptial agreement include:
- It must be in writing and signed by each person
- It must be executed voluntarily
- It must not consist of any terms about child support payments
- It must be fair for both parties
- It must not contain provisions that violate the law
Do Prenups Expire?
When drafting a prenuptial agreement, you may decide to include a timeline indicating when the contract expires. For example, if you and your partner agree that your prenup will only be valid for the first decade of your marriage and will expire after your 10th wedding anniversary.
If you do not include an expiration date, your contract could be considered valid forever. Should you and your spouse ever want to end the agreement, you would need to create a secondary written agreement declaring that the first one is no longer valid.
You may consider including a "sunset clause," which sets a time limit for how long the prenup would be valid for example -- only the first ten years of the marriage. You and your spouse can decide together on the length of time, depending on your particular situation.
Call Our Encino Prenuptial Agreements Attorneys Today
At Aharonov & Revy Family Law, when we draft our clients’ premarital agreements, we pay close attention to the concerns, needs, and goals of each party. This enables us to create a contract that allows both individuals to feel comfortable heading toward the altar.
Dial (818) 960-1330 now to obtain qualified legal assistance. Our prenuptial agreement attorneys serve clients throughout all of Los Angeles and the San Fernando Valley.
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