POSTNUPTIAL AGREEMENT: Where do I sign?
Many have heard of a Prenuptial Agreement but new to California is the Postnuptial Agreement. A Postnuptial Agreement is an agreement between two persons who are married to each other and sets forth how they will hold title to property in the future, and how they will hold the property they presently own. It also sets out how their property will be divided in the event the marriage ends.
Entering into a postnup will allow the parties to become informed about how marriage can affect their estates, and can save a small fortune in legal fees in the event of a divorce. Because each person's situation is unique, and the law complex and difficult, a premarital agreement should be tailored to each parties particular circumstances.
A recent article by in the Wall Street Journal sheds some light on just what a postnup can and can not do. Click here.
Article Submitted By: Attorney Daniel Gold
Downey Office
Irvine Office
Long Beach Office
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