Do I Need a Prenup in Arizona?
A lot of people assume that prenuptials are only for the rich and famous. If you don’t have millions of dollars, it doesn’t make sense to pay to get a pre-nuptial agreement drafted, right? The truth is that anybody could benefit from a prenuptial agreement. Even if you don’t have a ton of assets, you still need to protect yourself. If you aren’t sure what you should do, call and talk to an Arizona family law attorney. They can give you an idea of what a prenuptial agreement can do for you. Then you can decide whether you want to move forward with having one drafted.
Have You and Your Partner Discussed the Idea of a Prenuptial Agreement?
Sometimes, bringing up the idea of a prenuptial agreement can be difficult. This is especially true if you have significantly more assets than your girlfriend or boyfriend. Ironically, this is exactly the type of relationships prenuptial agreements were created for. If the two of you have roughly similar assets, you could probably survive without a prenuptial agreement. However, if there is a huge difference in your net worth, it’s probably a good idea to protect yourself with a prenuptial agreement. The best consolation you can offer your partner is that the agreement will protect them as well. Plus, it proves that they aren’t marrying you for the wrong reasons.
It All Depends on the Kind of Assets Each of You Have Going into the Marriage
When you first meet with your Arizona family law attorney, they’ll ask to see a list of your assets. They’ll also need a list of your significant other’s assets. Once your attorney gets a chance to thoroughly review both of your assets, they’ll let you know they recommend. For example, if you own a lot of real property but not a lot of liquid assets, you can tailor your agreement so it’s only limited to real property. This may make it easier to convince your partner to sign one. Similarly, if neither of you have a ton of assets but your future spouse has a ton of debt, you can draft an agreement holding you harmless for any debt they bring into the marriage.
Your Arizona Family Law Attorney Will Protect You
It should be reassuring to know that your Arizona family law attorney is looking out for you. They aren’t going to craft a prenuptial agreement that hurts you. If you’re asking them to review an agreement your significant other presented to you, then they’ll make sure it isn’t one sided. What may be best is to draft your own and each of you can feel protected.
Does Your Agreement Hold Any Legal Weight?
Another myth is that a prenuptial agreement isn’t going to hold up in court. That isn’t the case. If you have a legal contract that was notarized and signed by both parties, there’s no reason to think it will be struck down. They would have to prove that they were somehow forced to sign the agreement to have it nullified. Your Arizona family law attorney will do their best to ensure that your agreement is legal.
Call and Discuss the Idea with an Experienced Arizona Family Law Attorney
If you’re confused about what you need to do, call and set up a meeting with an Arizona family law attorney. They’ll give you their honest opinion about whether you need to protect yourself with a prenuptial agreement. Call our office at least a couple of months before your wedding date so we have enough time to prepare your agreement and get it executed in time.