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Kathy Neumann

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Phone: 818-292-8658
Fax: 818-292-8660

kathy@kathyneumannlaw.com

Westlake Village

2625 Townsgate Rd, Suite 330
Westlake Village, CA 91361

Sherman Oaks

(Comerica Bank Building
in the Galleria)
15303 Ventura Blvd, 9th Floor
Sherman Oaks, CA 91403

Prenuptial or Premarital Agreement

A prenuptial agreement or premarital agreement, commonly called “pre-nup,” is an agreement that parties enter into prior to marriage. The purpose of this type of agreement is to determine, before marriage, how property will be divided if the marriage ends in divorce. It provides protection of assets that are already owned by a party prior to marriage. This type of agreement also establishes the parties’ financial rights to income and property acquired during a marriage that would be ordinarily be considered “Community Property.” It provides certainty about how or whether properties, businesses, and other assets will be divided in case the parties decide to get a divorce or legal separation. This agreement might also provide for a limit on the amount and/or duration of spousal support, conditions for receiving spousal support, alternative methods of calculating spousal support, or a waiver of spousal support in the event of a break-up. The terms in this type of agreement may clarify and may alter legal rights relating to property division and support. It can provide certainty about a settlement, in the event that the marriage is terminated, that can be quite different from what might be ordered by a Judge if the agreement did not exist.

The content of prenuptial agreements vary widely, but it is important to make sure that the terms and the timing of this type of agreement comply with certain legal requirements so that the agreement is valid and enforceable.

A prenuptial agreement will limit your potential exposure for spousal support, ensure that your assets are protected from claims by your future spouse, and protect your assets for your children or other heirs.

Whether you are the person who wants the prenuptial agreement, or are the person asked to sign such an agreement, it is important to understanding your rights and possible obligations, both under the terms of the agreement and if there was no agreement.

Contact the Law Office of Kathy G. Neumann to obtain the advice of an experienced and knowledgeable attorney. We will answer your questions, and discuss your needs and concerns.

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