For readability’s sake, we will simply refer to pre-nuptial agreements on this page, but what follows generally applies to post-nuptial agreements as well.
- One or both spouses…
- are bringing considerable debt into the marriage
- are bringing valuable personal property or real estate into the marriage
- have been previously married
- Unequal Finances: One spouse is quite wealthy and the other spouse is comparatively poor.
- Children from a previous marriage: It may be important to clarify inheritance rights in a way that a will would not be able to adequately cover (because a will can always be changed down the road).
- Business Interests: If they could be severely impacted by death or divorce, such as being in a partnership with their siblings, some arrangements for maintaining that business interest might need to be carved out.
This is highly discouraged for two main reasons:
- If a prenuptial agreement is not drafted by an attorney, signed by the fiancés’ attorneys, or if one fiancé did not have counsel during the drafting and signing process, it is unlikely the agreement will hold up in court, should it be presented. While that may seem like a far-fetched situation to many, the ability to enforce your pre-nuptial agreement in court is the only way once can ensure it holds any actual, legal weight.
- If you are considering signing a prenuptial agreement, you may be, in fact, considering signing away various liberties and rights which you weren’t even aware you had. Even if you see nothing wrong with an agreement put in front of you, it is in your best interest to receive aid from a legally-trained professional who can inform you possible consequences of certain provisions you were likely completely unaware of.
This is why we recommend that you invest in engaging a Seattle prenuptial agreement attorney that can help you draft an agreement that protects your interests and will withstand any scrutiny in the event that it is challenged.
No, one attorney can only provide legal advice and therefore, represent, one party/person in a given matter. This is an ethical ruling that reflects the individual nature of the attorney-client relationship. An attorney’s role involves serving as a person’s legal advocate. This entails a degree of bias which nullifies the attorney’s ability to act as a neutral third party in a matter (with the exception of mediation services).
Primarily used to document the separate property each party is coming into the marriage with. It may change the ownership of certain property (eg. agreeing some separate property is converted to community property). Simplifying the potential divorce process, couples can use the pre-nup to clarify what is separate vs. community property, as well as the values of the property at the time of the marriage.
What most people think of when they think of a prenup: this is an agreement meant to actually change the distribution rules in case of divorce or death. It might maintain any future property earned as separate what would normally be treated as community property, or establish an agreement on how much spousal support would be paid if the parties divorce, etc.
As our attorneys can go over with you, one needs to be careful entering into this type of agreement, as it changes what can happen down the road at a time when circumstances may not be known. Signing this type of agreement may waive rights that could turn out to be important later on. Very often, one party or the other will in fact be disadvantaged by this type of agreement.
The court could presume that the timeframe imposed pressure on any disadvantaged party. If you and your fiancée are rushing to get your agreement signed, it might be better to wait until after the wedding to sign it (making it postnuptial) so it is clear that neither party felt pressured by the timing of the wedding.
A court is much more likely to enforce your prenuptial agreement if both sides are represented by their own legal counsel. Though there is no legal requirement in Washington state that prenuptial agreements be drafted by an attorney. From a practical standpoint, prenuptial agreements are typically quite complex and deal with substantial assets. Should you fail to adequately draft an appropriate agreement, or sufficiently document it, you risk a court declaring that it is unenforceable when you need it most. This means that your property settlement will have to proceed through the court, which a situation one hopes to avoid. For such reasons, it is highly recommended each person obtain counsel when creating a pre- or post-nuptial agreement.