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A prenuptial agreement catalogs each person's property, assets and debts, and specifies each person's rights to that property if the marriage dissolves or if someone dies. While prenups are best known for dividing assets at divorce, they can also be used as a type of will.

Here is how you should raise the topic of a prenuptial agreement with your partner. There Are Many Strong Reasons to Have a Prenuptial Agreement. ... The Tone of the Discussion Is Important. ... Start Talking Early. ... Prepare for a Difficult Discussion. ... Tell Them Why It Is in Their Interest. ... Make Sure They Feel Like an Equal.

Couples in California Can Write Their Own Prenups Under the California Uniform Premarital Agreement Act, as long as the contract respects and fulfills the state's legal requirements, it will be viewed as a valid and legally binding agreement with or without input from a licensed attorney.

It typically lists each person's assets, debts, and outlines how they'll be handled should the couple divorce later on. Prenups can be a valuable financial tool. While they may be difficult to think about while planning a wedding, prenups can provide comfort in knowing you'll be protected.

Ing to estate-planning attorney Shann Chaudhry, a prenup details what assets?for example, money, investments and properties?each of you is bringing to your marriage, how these assets will be handled during your marriage and what will happen to them if you divorce.

It is against the law to include any personal matters or requirements, other than financial issues, in a prenuptial agreement in California. For example, one spouse cannot require another to maintain a certain weight, appearance or hair color.

7 Things to Include in Your Prenuptial Agreement Premarital Assets. ... Premarital Debts. ... Spousal Support and Waiving the Right to Alimony. ... Financial Responsibilities. ... Provisions for Children from Previous Relationships. ... Business Earnings. ... Retirement Accounts.