Prenuptial Agreements: How to Write a Fair and Lasting Contract

by Shae Irving and Katherine E. Stoner

Book Overview

Plan today for peace of mind tomorrowMarriage is so much more than a great wedding. It's also a legal contract that binds two people together in many aspects of life, including finances. If you and... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1413316301
• ISBN13: 9781413316308
• Release Date: September 2012
• Publisher: NOLO
• Length: 442 Pages
• Weight: 1.60 lbs.
• Dimensions: 1.2" x 7.1" x 9.0"

Customer Reviews

very helpful

My husband and I used this book and CD set to help us write our pre-nup before we married. The information was very helpful to us, and made the process much easier. Pre-nups are especially valuable if one of you has significantly more assets (or debts) than the other, if one is self-employed and the other is not, or if there are other special circumstances that make the default laws of your state apply in an unfair way if you did not have a pre-nup. But those kinds of circumstances can also make a one-size-fits-all prenup less appropriate for you unless you adapt it a lot. Whatever you do, it is crucial that you read the relevant portions of your state's laws very carefully, because even a lawyer can miss important details buried in the legal jargon. You can find all the state laws online through any search engine. For Californians, the MUST_READ sections include Family Code sections 1610-1617, and especially pay attention to 1615(c)3. Also look at Family Code sections 910-916. These were ones most relevant to us, but there may be others that you need to know about, for example, if you have other dependents to consider. We adapted and added to the passages in the Nolo book and CD as needed for our own circumstances, but we were lucky enough to have an expert paralegal in the family who helped us find the right legal code sections and who proofread for us to make sure our intent and our language was clear. We would still recommend you run your completed draft by someone with some expertise who has done prenups recently and who doesn't ignore your background work and try to do the whole thing from scratch at your expense. Something to think about: my husband and I found that all the detailed financial discussion and disclosure sometimes caused disagreement, but also brought us closer together. This is because we learned more about each other, reaffirmed our shared values, and learned the valuable skills of open-minded discussion, problem-solving, listening, tactful sharing of opinions, negotiation and compromise. So many people marry without ever talking about the unromantic but vitally important topics like finances! We encourage all couples to talk about these things very honestly. If you are not a good match, it will become more obvious during this process, but sooner is far less painful than later to find that out. If you are a good match, this process will leave you stronger and more confident in your coming marriage. Good luck to you.

Another Awsome Product from Nolo Press

I've used Nolo Press books with CDs to create legal documents in the past including "Do Your Own Divorce in Califonia". "Prenuptial Agreements" is another winner, on several levels. Not only will it produce the documents necessary for a prenup, it takes you and your partner through a process of discussing your current and future financial realities, which I believe would be helpful for all couples tying the knot, not only those in need of a preuptial agreement.

Abosolutely Fabulous

My now husband and I used this book and the included cd to write our pre-marital agreement. We did have seperate attorney's read it and explain it to avoid any conflict of interest excetra. Mine read it over for legality. His attorney was hesitant about not writeing it and allowing for reduced fees for only reviewing it because he sees too many that are not done well by do-it-yourselfers. However, after my husband's meeting he told me his attorney said that it was the most thurough and accurate do-it-yourself agreement he has ever seen! I would highly recomend this, as well as negotiating lower fees if you choose to hire an attorny.

great introduction and hands-on guide

In my opinion, everybody should have a prenup because the process of drafting one teaches couples how to talk about money - and invaluable asset in their marriage to come. We used this book to plan our prenup before our marriage in 2005. It gives you all the relevant information, helps you consider all the important points, and alerts you about differences across states etc. We still used lawyers to bullet-proof the agreement, but knowing exactly what we wanted greatly cut down on fees. In fact, my lawyer commented that she rarely had such a well-prepared client and the draft of the agreement was the fairest she had seen in years.

Excellent review of prenups

If you are marrying late, with significant assets, or have children from a former marriage you wish to take care of, a pre-nuptial agreement may be for you. The book is quite thorough in its description of the basics, and provides a sound foundation for drafting a prenup. However, if you are very wealthy with millions of dollars in assets, and you are concerned that your new spouse will thwart your wishes when you die, you really should do your homework with this book, then contact an attorney. Recommended