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A prenup defines whether the assets you own like your house or car are separate property of one spouse or part of the marital estate. If you're considerably wealthier than your partner, a prenup is a good step towards ensuring that your partner isn't marrying you for your money.

Note that prenuptial agreements must be written, signed after a mandatory seven-day waiting period, and notarized. California courts will not enforce a verbal prenup. In addition, the parties must disclose each and every asset and debt. Otherwise, the entire California prenup may be invalidated.

Under the Rhode Island Uniform Premarital Agreement Act, a prenup can cover a range of issues, including but not limited to: How the ownership of property should be considered; The disposition of property upon separation or divorce; The modification or waiver of spousal support (also commonly known as alimony);

If you want a valid prenup in California, you must follow the 7-day rule. No if's, and's, or but's about it. As the name suggests, the 7-day rule requires a full seven calendar days between the time the final prenup is presented to the other party and the time the parties sign the agreement.

Typically, a couple's prenuptial agreement will last for the lifetime of the marriage. In some cases, couples include a ?sunset? clause. This is a provision in the agreement that stipulates a preset termination of the prenup after a fixed period.

A prenup defines whether the assets you own like your house or car are separate property of one spouse or part of the marital estate. If you're considerably wealthier than your partner, a prenup is a good step towards ensuring that your partner isn't marrying you for your money.