Wedding Season is Also Prenup Season
The Los Angeles Business Journal had a very good recent article highlighting how important a Prenup can be when planning your wedding this season -
"As the summer-into-fall wedding season approaches, so does “prenup season.” Often, the mere mention of a prenuptial agreement (“prenup”) makes people uncomfortable, as if these documents and the discussions they prompt constitute a wholly unromantic anticipation of ultimate failure – even before the couple share their first dance.
In reality, prenups are necessary for anyone who already has children, and/or has assets they want to preserve as their own separate property as of the date of their marriage, or expects to receive significant assets during the marriage from services already rendered (in part or in whole), from an investment previously made, or from a bequest, gift, or inheritance. High-net- worth individuals need to protect their financial interests before marriage. A carefully considered, well crafted prenup is an insurance policy of sorts, should the marriage not work out as everyone hopes."
The full article is here.
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