A California prenuptial agreement provides a blueprint for your financial future with your partner. In many ways, it can solidify your partnership and ensure that both of you are on the same path forward. For couples preparing for a future together, it’s usually an exciting time filled with new promises and opportunities and a California prenup helps ensure you and your partner are on the same page for your future.
There are numerous laws for a prenup in California that you want to be familiar with as well. In this guide, we’ll discuss some of the most important. With Neptune, your prenup concierge, you can get personalized guidance along with access to lawyer recommendations to help you with this process.
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Under California’s Family Code, there is already some pre-designed guidance in place that includes codified martial division or laws that govern how the division of your home and other assets will take place. However, with a prenuptial agreement, you take back some of the control. A prenup allows you and your partner to work out a plan now for your future.
California’s laws allow you to create your own prenup. However, without legal insight and guidance, it can be challenging to meet the Uniform Premarital Agreement Act rules. Here are some of the main points to keep in mind about these rules:
Once complete, each person has one week to seek independent legal insight from an attorney before signing.
Prenups provide clarity on what you both agree upon when entering into your relationship. There are numerous ways to make them very specific to your needs. However, you also have some limitations. California laws limit some actions you can take in a prenup. Those include:
A California prenup can be quite limited, as you can see. So, understanding these rules is critical to creating an agreement that ensures legal compliance.
If you do not appropriately execute or implement the prenup in California, the court may invalidate it. That means the court will not hold the other party to any of the requirements within the agreement.
One example is not having a notarized copy of the agreement created which both parties sign without pressure or any force. Another example of a situation that could invalidate your California prenup is making changes to it after the legal union has taken place. It is possible to make changes; both parties must do so, and there are legal steps necessary to achieve those changes. If you fail to do this or put in place an alternative option, such as a post-nuptial agreement, the entire prenup may have no grounds.
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Creating a prenup in California requires considering what your objectives are, ensuring you can legally include those factors into your prenup, and then creating the legally binding framework to do so. Because there are so many specific steps required, it’s best to have a prenup attorney in California oversee the process for you. Some of the components of these agreements include:
It is possible to include other details in the prenup. That might include, for example, the financial responsibilities of each person. It may include savings contributions by other parties.
Perhaps the most important and challenging component of a prenup is outlining what occurs when there’s marital property—this refers to property acquired during the marriage. The agreement should be tailored to include what type of martial property requires a specific division. It may include decisions about property title. If you acquire assets during your marriage, you want to know how the court will divide them in case of dissolution. These details help to solidify what could happen.
You may not be interested in discussing the end of your marriage before it starts, but that’s the most important time to do so. Utilizing the tools provided by Neptune, you can create an accurate and detailed prenup California that will specifically address your needs and concerns—one that builds and eliminates many of the challenges of entering a legal union like this.
Neptune can help you along the way as you and your partner discuss shared goals and values for all aspects of your life together. With personalized guidance that matches you with a trusted family lawyer, you can ensure that your prenup is legally in place and that the results are reliable. You don't have to feel overwhelmed by the process. Chat with Neptune today to start the conversation and explore your options.