Key Terms to Include
A prenuptial agreement is a legal document that helps protect each individual's interests in the event of a divorce. It is important to include as many items as possible in your prenup to ensure that you are fully protected. In this blog, we will discuss some of the most important things you should include in your prenuptial agreement.
Asset Division
If you or your spouse file for divorce, prenuptial agreements can help to determine how assets will be divided. This can help to avoid conflict and costly litigation. Some items that can be included in asset division are:
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Bank accounts
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Investments
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Property (including primary residence, vacation homes, etc.)
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Business interests
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Debt obligations
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Retirement accounts
Remember that any assets acquired during the marriage may also be subject to division in the event of a divorce. Because of this, it is important to discuss with your spouse what you both feel comfortable including in the agreement.
Spousal Support
Another important item that can be addressed in a prenuptial agreement is spousal support (or alimony). You can work together with your spouse to determine how much would be paid and who would make those payments. By including this in the agreement, you and your spouse can avoid any disagreements about these payments in the event of a divorce.
Other Items
Some other items that can be included in a prenuptial agreement are:
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Health insurance
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Life insurance
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College education for children (note that child custody itself cannot be included in a prenuptial agreement)
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Inheritances
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Pets
These are a few items that can be addressed in a prenuptial agreement. It is important to discuss with your spouse what you both feel comfortable including in the agreement.
Working with an Attorney
An experienced attorney can help to draft an agreement that meets your needs and protects your interests. If you are considering creating a prenuptial agreement, contact the team at Pacific Cascade Legal to discuss your options. We can help any couple looking to create a prenuptial agreement and can assist you in creating an agreement that meets your needs and offers you great protection.
Learn more about prenuptial agreements or schedule a consultation by calling (888) 981-9511 or by visiting our website.
Lewis Irwin Landerholm
Founding Partner
Lewis Landerholm realized the importance of family and justice from a very young age. With grandparents in the legal field, a mother in education and a father who was a domestic violence counselor, Lewis was raised by a family dedicated to helping people. His role models taught Lewis that the world is a complicated place where education and a helping hand could make all the difference.
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