Prenups are not just for the rich

On Behalf of | Dec 17, 2019 | Marital Agreements

At Laughlin Legal, P.C., we handle a variety of California family law issues for our clients. During the course of our work, we see many disputes that could have been diminished or avoided had the parties in question signed a prenuptial agreement. These types of agreements are not for everybody, but they have the potential to benefit more people than you might initially think.

In this article, you can find a few myths about prenups. Looking over them, you may decide that some variation of this type of contract is appropriate for your situation. However, please be sure to seek specific legal advice before you take any type of action — this article is only intended as general information.

One of the most popular misconceptions about prenups is that they are only for the extraordinarily wealthy. In fact, we have found that people with less to lose often have more to gain by establishing an agreement with their spouse before marriage. This is often due to the fact that prenups tend to make the divorce process shorter and less expensive.

Another myth is that prenups are cold and calculating. While it is true that these are official, binding contracts under the law, the same could be said about marriage itself. Marriage, of course, is neither cold nor calculating. By the same token, a prenuptial agreement is an expression of care — it is a formalized wish for any future parting to be on the best possible terms.

Pre- and post-marital agreements, again, may not be for everybody. However, from a practical perspective, they could be the best choice for more people than currently utilize them. Sometimes, it is even worth taking formal steps to put these contracts into place. To learn more about this subject and others in family law, please continue on our main website.