Hide Value Choice from the Prenuptial Agreement and eSign it in minutes

Aug 6th, 2022
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How to Hide Value Choice from the Prenuptial Agreement

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hey estate planning attorney paul rabale here and in this video were going to talk about whether that um im getting married later in life im getting married again i want to protect my assets so i want to do a prenup whether that use the prenupt to protect your assets is actually worthless okay so theres a myth out there that ive had to dispel more times than i care to imagine let me give you the situation so lets say lets call them florence and frank you know theyre getting married theyve each been married before and theyre getting married theyre theyre lets say theyre 63 years old and you know as part of the getting married process they want to make sure all their bases and options are covered from a legal financial tax standpoint so they decide florence says well why dont we go to my old divorce lawyer and well get a prenup because thats what you know thats thats what people do when they have children and get married later in life and so as part of that thats what

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Regardless of gender, there are certain things people should ask for in a prenup, like alimony (i.e., spousal support), especially if you are a stay-at-home parent. Men and women alike should be thinking about protecting their assets and earned income and protecting themselves against their partners debt.
Cheating Clauses Yes, Those Are A Thing Rather, prenuptial agreements (prenups) can contain provisions referred to as cheating clauses, which can entitle one spouse to financial gain in the case that their partner commits infidelity.
What doesnt a prenuptial agreement cover? Child custody or visitation matters. Child support. Alimony in the event of a divorce. Day-to-day household matters. Anything prohibited by the law.
Under the law, a premarital agreement is a contract two prospective spouses enter into before marriage that doesnt become effective until they marry. Prenuptial agreements can include income, real estate, earnings, financial interests, debts, and other present or future assets.
What a Prenuptial Agreement Cant Protect. A prenup can protect money and physical property, but generally cant be used to address matters related to children. You cant create stipulations about child support or legal custody in a prenup, for example.
California prenuptial agreements cant include terms that are considered unconscionable when it was signed.They include the following: Child custody; Child visitation; Child support; Waiving spousal support; Encouraging divorce; Unreasonable terms; Any matter that violates the law; Personal issues.
Spousal abuse or cheating does not void or invalidate a prenuptial or partition agreement unless the agreement specifically states that. Most prenuptial or partition agreements do not mention abuse or cheating.
Yes, a prenuptial agreement can protect future assets. Those are common provisions you would put in to a prenuptial agreement.

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