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A prenup is a couples opportunity to personalize the rules of their relationship and create their own financial status quo. Like a marriage, a prenup is a contract. The prenup does not need to focus on if something happens (like a divorce).
(1) Parties to a premarital agreement may contract with respect to: (a) the rights and obligations of each of the parties in any of the property of either or both of them whenever and wherever acquired or located; (b) the right to buy, sell, use, transfer, exchange, abandon, lease, consume, expend, assign, create a
Note that prenuptial agreements must be written, signed after a mandatory seven-day waiting period, and notarized. California courts will not enforce a verbal prenup. In addition, the parties must disclose each and every asset and debt. Otherwise, the entire California prenup may be invalidated.
What Is a Prenup Financial Disclosure? Financial statements help describe each persons financial information upon entering the marriage. These legal documents give future spouses and their attorneys a clear view of the available resources and obligations.
This helps ensure that each party fully understands the terms and implications of the agreement and that it is fair and legally sound. Full and Fair Disclosure: There must be a complete and honest disclosure of all assets, liabilities, and income from both parties before signing the prenup.

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In addition to providing bank statements and investment account statements, its also important to disclose income information. This includes but is not limited to: Pay stubs from current employment. Tax returns from the past few years.

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