{"id":1138,"date":"2019-03-22T07:11:17","date_gmt":"2019-03-22T14:11:17","guid":{"rendered":"https:\/\/ogbornelaw.com\/?p=1138"},"modified":"2023-07-21T20:11:37","modified_gmt":"2023-07-21T20:11:37","slug":"how-to-define-prenup","status":"publish","type":"post","link":"https:\/\/webtechs-designs.com\/2023Ogborne\/how-to-define-prenup\/","title":{"rendered":"How to define prenup"},"content":{"rendered":"<p>If your significant other asks for a prenuptial agreement, you might be confused. It may even make you angry. Part of this comes from letting movies and pop culture define prenup as something underhanded. It creates misunderstandings that may not reflect reality.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/how-to-define-prenup\/#A_Tool_the_Law_Shapes_and_Defines\" >A Tool the Law Shapes and Defines<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/how-to-define-prenup\/#What_Does_It_Describe\" >What Does It Describe?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/how-to-define-prenup\/#What_Does_It_Cover\" >What Does It Cover?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/webtechs-designs.com\/2023Ogborne\/how-to-define-prenup\/#Why_You_Might_Want_a_Prenup\" >Why You Might Want a Prenup<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"A_Tool_the_Law_Shapes_and_Defines\"><\/span>A Tool the Law Shapes and Defines<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It is important to understand how the laws in Arizona\u00a0<a href=\"https:\/\/ogbornelaw.com\/prenup-cover\/\" data-cke-saved-href=\"https:\/\/ogbornelaw.com\/prenup-cover\/\">define\u00a0prenup agreements<\/a>\u00a0and shape\u00a0what they can be. A prenup can be a tool that puts you both at ease as you begin your life together. A prenup also encourages you to look at finances in a way that can strengthen your relationship. Far from a sign of trouble, it can give you more solid footing going into your marriage.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_It_Describe\"><\/span>What Does It Describe?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A prenuptial agreement describes which property and assets are part of your community property in a marriage. Because Arizona is a community property state, what you gain during the marriage gets designated by law as shared assets. Some of this can be tricky to determine during a divorce, though. A prenup helps you sort it out before you ever need to worry about it.<\/p>\n<p>Importantly, you should not define\u00a0prenup agreements as simply keeping assets from the other\u00a0spouse. If one of you <a href=\"https:\/\/ogbornelaw.com\/should-you-include-your-business-in-your-prenup\/\" data-cke-saved-href=\"https:\/\/ogbornelaw.com\/should-you-include-your-business-in-your-prenup\/\">owns a business, real estate, or other property<\/a> before the marriage, you can choose to include or exclude it.\u00a0The prenup is not about creating barriers for your spouse. Instead, it gives an accounting that helps you both have certainty in your financial lives.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Does_It_Cover\"><\/span>What Does It Cover?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A prenup can include assets and property. It also can include money you owe before you marry.\u00a0You cannot use it for any illegal activities or illegally gained property. You also cannot use a prenup to define any child custody or child support obligations. It applies strictly to what you have before you get married.<\/p>\n<p>For example, you might own a business before you get married. In getting the business running, you may have borrowed for equipment, real estate, and inventory build-up. You may choose to separate from your marital estate the value of the business, the debt associated with it, or both. The prenup defines your separation of these assets and liabilities from the marital estate.<\/p>\n<p>Further, it may be\u00a0possible to exclude business\u00a0appreciation during the marriage from the prenup. In this way, a prenup may override laws that might otherwise consider it\u00a0<a href=\"https:\/\/ogbornelaw.com\/business-community-property-need-know\/\" data-cke-saved-href=\"https:\/\/ogbornelaw.com\/business-community-property-need-know\/\">community property<\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_You_Might_Want_a_Prenup\"><\/span>Why You Might Want a Prenup<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>For some, a prenup defines assets in a way that gives you both clarity. You may not want to start a marriage without defining the finances. It can even help\u00a0you\u00a0avoid fights later about what you have or what belongs to whom. Instead of putting a strain on your marriage, it can help relieve worry\u00a0about what your full financial picture entails.<\/p>\n<p>Further, while no one goes into a marriage thinking about divorce, a prenup can help down the road. Entering into these very deep, very personal conversations before the marriage can be beneficial in the long-run. It can open up communication between the two of you which may lead to healthy communication throughout the marriage.<\/p>\n<p>Because a prenup is a legal document, you need to make sure it is created properly. Do-it-yourself options tend to broadly meet requirements\u00a0but seldom help you with your unique situation. You need an attorney to make sure it meets your specific needs. If you are interested in creating a prenup, <a href=\"https:\/\/ogbornelaw.com\/contact\/\" data-cke-saved-href=\"https:\/\/ogbornelaw.com\/contact\/\">contact us at Ogborne Law<\/a> to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wondering how to define prenup agreements? Read what a prenup is and how it protects both spouses.<\/p>\n","protected":false},"author":3,"featured_media":11374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-1138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prenups","category-44","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to define prenup - Ogborne Law, PLC<\/title>\n<meta name=\"description\" content=\"Wondering how to define prenup agreements? 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