Protecting your Assets with a Prenuptial Agreement
Discussing prenuptial agreements may not be the most romantic item on your wedding to-do list, however, it is one of the most important. Louisiana is a community property state, meaning that upon divorce most of a couple's property is split 50/50. A prenup or matrimonial agreement allows parties to modify this by establishing a contract involving separate property or to terminate the legal regime of community property entirely.
What is a prenuptial agreement?
A prenuptial agreement is a contractual agreement made by a couple intending to marry that protects the assets that you have acquired before marriage. A prenup can also define the amount of debt each person may owe before getting married and make each person responsible for those amounts.
Requirements for a Prenuptial Agreement in Louisiana:
• Must be a written agreement
• Must have the signature of both spouses
• Must have declaration of the intent to marry
• Must include the intended alteration of the legal regime of acquets and gains
• Must be signed before a notary public
While a prenuptial agreement is not a guarantee your marriage will end in divorce, it will lay the groundwork for a peaceful resolution should a divorce occur. Contact our office today to schedule a consultation with one of our attorneys to learn more.