Prenuptial agreements are simply written contracts between two parties that delineate each individual’s property, assets or debts before the two enter into a binding marriage. This important legal document will prevent the state from making a determination about certain property in the event the marriage is dissolved at a later date. Because Arizona is a community property state, prenuptial agreements can prove to be invaluable when protecting your rights in the future.
The Basics of Prenuptial Agreements in Arizona
As a community property state, all property and debts incurred throughout the marriage will be equally divided in a divorce. Sometimes one party will unfairly lose property or unwillingly acquire massive debts as the marriage ends, but a prenuptial agreement can help couples avoid this issue. If one party has large debts or important property prior to the marriage, then they can claim sole ownership of them through a prenuptial agreement. These contracts are usually deeply personal for both parties, and many couples have different goals when pursuing these types of pre-marital arrangements.
Contact Arizona’s Proven Family Lawyer Karen A. Schoenau Today
Prenuptial agreements serve as a protection for both parties that choose to enter into a marriage. Family lawyer Karen A. Schoenau has the knowledge, experience and skill that will help you and your partner secure a legally binding prenuptial agreement that is beneficial for both parties. She has been serving clients throughout Arizona since 1987, so she is well-versed on a variety of family law issues. If you need legal counsel you can rely on, then don’t hesitate to reach out to the Law Office of Karen A. Schoenau now through her online contact form.
The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney-client relationship. If you are seeking legal advice, please contact our law firm directly.