Family Law Blog

Prenuptial Agreements Can Protect Both Parties

Friday, November 27, 2015

People often think of prenuptial agreements as one-sided, legal documents meant to protect the party with the most to lose. That is not always the case. Prenuptial (prenup) agreements can be put in place to protect both parties entering a marriage.

To start with, a prenuptial agreement puts all the financial cards on the table before the marriage begins. This is a smart step for any couple. At the very least, you will be entering marriage with a clear understanding of your separate and joint financial situations.

If you are already living with your spouse-to-be, a prenup can help define gray areas such as who claims the custom dining set and who owns the 60 inch flat-screen. It can also set the tone for equality going forward in the relationship. Using the prenup as a base, you can start your marriage with a clean slate.

The prenup can also ensure that valuable family heirlooms stay in the right family. Value can be monetary or sentimental in nature and both kinds of value come into play during an emotional divorce. No one can be sure what the future holds. Use your prenup to protect your most valued assets.

Of course, a prenuptial agreement also protects the heart, helping to ensure that both parties are marrying for love, not money. Who wouldn't want to have that in writing?

If you would like more information about how to create a mutually beneficial prenuptial agreement, contact us. At Jamra &Jamra we specialize in family law with a customized focus on our clients' needs. We serve clients in Beverly Hills, Los Angeles, and Southern California from our Beverly Hills office.