When you and your soon-to-be spouse are making plans to walk down the aisle,
one of the most commonly forgotten items to take care of before the “I
Do’s” is a prenuptial agreement. While this conversation may
not be the most romantic, talking about finances is good practice for
married life – these discussions are bound to arise on multiple
occasions, and the importance of protecting your assets and property before
getting married cannot be stressed enough. In this blog, our Las Vegas
prenuptial agreement attorney gives you a checklist of what to include.
Premarital Assets and Debts
Premarital assets are anything you’ve acquired before getting married.
A premarital asset can include a savings account, 401k fund, valuable
jewelry, your car, and even employee stock options. Before sitting down
to draft your prenup agreement, you’ll want to put together a comprehensive
list that outlines all of the assets you’ve acquired up until you
become legally married.
This includes any assets or debts you and your spouse collect together,
as a married couple. When reviewing your agreement, you’ll want
to decide how these assets will be handled – will you and your husband
or wife own them equally or is there another arrangement that works better for you?
Asset and Income Management
Do you find that you’re better at saving money while your spouse
is better at spending? These differences can be very advantageous when
deciding how money will be handled in the household. If you enjoy saving
money, you’ll probably decide that you will be responsible for monitoring
long-term financial goals. If your spouse enjoys spending, he or she will
likely be responsible for making the financial decisions and organizing
Need help drafting a prenuptial agreement? Call Leavitt Law Firm today
at (702) 996-6052 to learn more about how we can help.