Your Trusted Queen Of Prenups
“Say yes to the dress, but definitely to the prenup.“
Scottsdale’s Esteemed Prenuptial and Family Law Attorney
- Why do you need a prenup? There are as many reasons why you need a prenup as misconceptions about prenups.
- Prenups are only for the rich or people who marry partners with significant family wealth.
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- What if we change our minds years later then our prenup is set in stone.
This is FALSE.
FACT: Parties can agree to modify the prenup, which is called a “Postnuptial Agreement,” or postnup, similar to a prenup but addresses the assets and liabilities incurred since the date of marriage. Postnups are common when a financial situation changes for one party and he or she may decide they want to protect assets created by their own personal goodwill.
- Prenups aren’t romantic and cause couples to doubt intentions.
This is FALSE.
FACT: Romance isn’t only dinner by candlelight. It’s also financial security and peace of mind that your future marital assets and liabilities will not lead to war should you eventually separate or divorce.
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Once a couple marries, the engagement ring becomes the sole and separate property of the recipient.
As lawyers often say, THAT DEPENDS.
FACT: In most cases, the recipient keeps the ring unless the prenup dictates otherwise. For example, if a man wants to propose with a family heirloom like his grandmother’s diamond, in the event of divorce, a prenup dictates the diamond returned upon separation.