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The most fundamental reason why people enter into premarital agreements is for security and reassurance. People feel more secure knowing what will happen in the event of death or divorce. For example, personal and financial decisions are much harder to make during a stressful divorce without a premarital agreement.
The UPAA (the Golden State's Uniform Premarital Agreement Act) determines the constraints for prenups in California. Couples in California can draft their own prenups, however, if not done properly then it is easy for the contract to become void or invalidated.
What Should be Included in a Prenuptial AgreementPremarital assets and debts.Children from previous marriage.Marital assets and debts.Marital responsibilities.Work.Family property.Property division in divorce.
A couple may write their prenup because Oregon law only requires the agreement to be in writing and signed by both parties. The agreement is a legal contract that must comply with the Oregon law, and in some instances, court rulings.
How to Bring Up a Prenup Without Upsetting Your PartnerSpeak Up Sooner Rather than Later. It's worth mentioning that the sooner you bring up your thoughts about a prenup, the better.Timing is Everything.Be Honest.Talk About Financial Goals.Talk Facts.Highlight the Positives.Make It A Collaborative Prenup.