A marriage is an emotional union between two people, but it is also a legal commitment. As more people in California acknowledge the significant legal implications of marriage, prenuptial agreements are becoming increasingly popular. These agreements can address a wide range of topics, including property division and more. Here are a few things soon-to-be-married couples should consider including in their own prenups.
Fertility issues are an emotionally draining experience for couples. In America, 11 percent of women and 9 percent of men experience issues with their fertility during their reproductive years, and many turn to medical advancements like in vitro fertilization. This process often involves creating and freezing embryos, but what if a couple divorces before using those embryos? It is best to address how to handle genetic material ahead of time, and a couple can outline their decision in their prenuptial agreement.
Items of significant emotional value can also be included in a prenup. Family heirlooms are often emotional investments, passed down from generation to generation, and the thought of losing that investment in a divorce can be devastating. Stating ahead of time that certain valuable property is separate and will remain as such is an important part of establishing a prenup.
Prenuptial agreements are often framed as a tool for the ultra-wealthy or those who are poised to earn significant amounts of income. While prenups are certainly useful in these situations, they are also important family law tools that can be utilized by virtually everyone in California. From sorting out property division to addressing complicated topics like genetic material and family heirlooms, California residents can use prenups to protect themselves and their interests.