California Prenuptial Agreements

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Aren’t Prenups unromantic and indicate a reduction in trust?

Even though 1 in 10 couples now get into some kind of prenuptial or premarital agreement (“prenups”) many couples are hesitant to enter sign a prenup as it seems unromantic and indicates deficiencies in trust.

There are a couple of reasons why this reluctance is misplaced.

First, in any other case you do not sign a prenup, your marriage will probably be governed using a complex group of laws. In California those are the California Family Code and Probate Code. Either way your marriage will probably be governed by way of a complex number of rules. The choice is between a pair of rules negotiated by you or imposed through the State.

Second, from your historical perspective, premarital contracts lie at the root with the institution of marriage. For two thousand years, Jewish marriages happen to be preceded with a prenuptial agreement known as the “Ketubah.”

Third, far away from undermining trust, the whole process of drafting and negotiating a prenuptial agreement may, the truth is, strengthen your relationship. The process takes a full disclosure of one’s financial situation and involves a and honest discussion of approximately how you will handle your dollars and plan your future. One psychiatrist states: “openly decided upon rules will tend to be a better foundation for growth than are the ones latent rules that surface and show to be either disagreeable or downright outrageous (‘What will you mean, you won’t do dishes?’)”

Fifth, prenups get you prepared marriage. Sooner or later you’ll have to mention money issues. Why not get it done now and save heartache and trouble down the line? After your honeymoon is finished you will soon learn the way earning and income is an integral part of one’s marriage. The Catholic Church recognized this fact and contains a prenuptial dialogue in a very marital preparation process called “Pre-Cana.”

Sixth, prenups could be drafted to safeguard both spouses not really a wealthy spouse.

Seventh, it really makes sense. No-one plans on their apartment burning down, ending up in a very nursing home or suffering a disability but they also still get insurance. As Dr. Ruth says: “We have a home in such a litigious society. Nobody knows what life brings. Hopefully we will never demand it. What’s the big issue? Let’s get it done and give it towards the attorneys…to the new millennium, a prenup is a component of a mature relationship, determined by love, mutual trust and optimism.”

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