What is a premarital agreement?
A premarital agreement, also known as a prenuptial agreement, is a contract between two people who plan to get married. This agreement outlines how assets and financial matters would be handled if the marriage fails and the couple divorces. In California, a premarital agreement is a written contract that is executed voluntarily by both parties to the marriage. The agreement must be made before the marriage takes place. It must also be in writing and signed by both parties. The agreement can reduce conflict in the event of a divorce and even protect the rights of the couple in the event of a divorce. The agreement is legally binding and must be enforced if the marriage ends in divorce, separation, or death. The agreement can include a wide range of topics such as spousal support, division of debts, and even inheritance rights. In California, it is important to keep in mind that premarital agreements are not suitable in all situations, and certain requirements must be met in order for the agreement to be valid. It is important to consult with an experienced family law attorney to make sure that all of the requirements are met and the agreement is legally binding.
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