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Prenups may make dividing property in divorce easier

Getting married can be an exciting and overwhelming time. Of course, dividing property in divorce can also be immensely overwhelming. While some California residents may not think about property division as they prepare for their wedding days, it may be wise to do so. Creating a prenuptial agreement could save much time and trouble in the event of divorce.

It is not uncommon for individuals to think that they do not need a prenup. After all, without a considerable amount of wealth, planning ahead is not necessary, right? Actually, that notion may not be correct. True, many wealthy individuals do tend to consider prenuptial agreements in order to protect their assets, but creating this document could potentially benefit anyone about to marry.

When considering the terms of a prenup, individuals may also want to refrain from being too quick to agree to certain terms. For instance, some parties may simply want to say that each person's property remains that individual's property. However, it may make sense for parties to consider their future needs, the possibility of children and how their lives may change financially after marriage and in the event that the marriage does not work out.

Dividing property in divorce can hinge greatly on California state laws. On the other hand, a prenuptial agreement could supersede some of those laws if the document is created properly and with enforceable terms. If soon-to-marry individuals are interested in learning more about this type of safeguard, they may each want to explore local legal resources for reliable information on their prenup options.

Source: thecut.com, "What is a Prenup? A Soon-To-Be-Married Person's Guide", Charlotte Cowles, April 19, 2018

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