What Are Pre- & Postnuptial Agreements?
Prenuptial and postnuptial agreements are contracts between spouses or prospective spouses which determine the financial rights and obligations of each in the event of divorce. The only difference between a pre-nuptial and post-nuptial agreement is that one occurs prior to marriage, and the other happens after a marriage. There are many purposes for a prenuptial or postnuptial agreement, including asset protection, establishing rights regarding income earned during the marriage, providing for an alternate property arrangement in lieu of community property rights, and they can also serve as a form of estate planning to ensure adult children of a spouse receives a parent’s assets.
Our Approach to Pre- & Postnuptial Agreements
We work with our clients to negotiate a prenuptial or postnuptial agreement that will be enforceable and meet your needs while preserving the relationship between spouses or soon to be spouses. While the decision to enter into a prenuptial or postnuptial agreement is a personal one, protecting personal assets in the event of a divorce requires knowledge of special areas of law, including community property and contracts. Our family law attorneys can help in crafting appropriate agreements to suit the wishes of each individual client.
While most family law firms are small, our eight-attorney firm has the resources to attend to all of our clients' needs. GFT, LLP offers a comprehensive range of legal services to address our clients' family law issues from traditional litigation, to collaborative services, to mediation services, or a hybrid of these methods.
How Pre- & Postnuptial Cases are Determined
Deciding whether or not to obtain a prenuptial or postnuptial agreement can often be a challenging and complicated choice. Fortunately, GFT, LLP is available to advocate for you every step of the way. As one of the largest family law firms in Southern California, Gilligan, Frisco & Trutanich, LLP has the dedication and experience required to handle every type of family law matter. Specializing in complex family matters, GFT has a staff of eight attorneys. From litigation to mediation to collaborative divorce, GFT has a proven track record of favorably resolving client cases through skilled representation and strong advocacy.
FAQs About Pre- & Postnuptial Agreements
Should I get a prenup?
Maybe. If any of the following circumstances apply to you, then a prenup may be something to consider: if you own a business prior to the marriage, if one partner is wealthier than the other, you own property, or you expect to receive a large inheritance.
Is a prenuptial or a postnuptial agreement more ideal?
It depends on your comfort level. For many people, it’s awkward to have a prenuptial conversation before the marriage. There are times when prenuptial agreements present clients with issues that make them want to reconsider their union. After the marriage, they are already legally bound so things can get more complicated if these issues arise.
When should I consider a postnuptial agreement?
There are a number of circumstances when you can benefit from a postnuptial agreement. You should enter into one for the purpose of defining your wishes for any property that you brought into your marriage, if a spouse runs into legal trouble during the marriage, if one spouse stops working to take care of the children, or if one spouse acquires a financial windfall during the marriage.
100+ Years Collective Experience
Gilligan, Frisco & Trutanich, LLP, was co-founded by John J. Gilligan, who has been practicing family law in Long Beach since 1981. Janine M. Frisco is also a partner, as is Kristin Trutanich. Together, they are the area’s most comprehensive legal stronghold.
GFT has helped individuals and their families surmount their legal difficulties for the past several decades. We are proud to serve Southern California, and have the dedication and experience required to handle every type of issue.
The Team of Attorneys You’ve Been Looking For
Our experienced team of professionals will guide you through life’s murkiest waters. At Gilligan, Frisco & Trutanich, LLP, we have the resources needed to represent clients in all aspects of family and criminal law.Contact Us
We have two offices conveniently located in Long Beach & Palos Verdes. We represent clients in courts throughout Los Angeles, Orange, and Riverside counties.
Long Beach Office
One World Trade Center, Suite #1740
Long Beach, CA 90831
Palos Verdes Office
2516 Vía Tejon, Suite 309
Palos Verdes Estates, CA 90274