From offices in Thousand Oaks and Ventura, California, attorneys at the full-service
family law firm Van Sickle & Associates, PC handle divorce, custody, modifications,
estate planning and business matters for clients in Ventura County and Los Angeles
County. We counsel and represent people from communities such as Thousand Oaks, Ventura,
Calabasas, Malibu, Agoura Hills, Westlake Village, Camarillo, Oxnard, Simi Valley,
Moorpark and Ojai.
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Ventura Office
789 S. Victoria Avenue, Suite 208
Ventura, California 93003
Phone: 805-642-7070
Fax: 805-642-7272
Van Sickle & Associates, PC
Attorneys at Law
171 E. Thousand Oaks Blvd, Suite 100
Thousand Oaks, CA 91360
Phone: 805-777-8959
Fax: 805-777-8929
Premarital Agreements
In California, the law determines the characterization of assets, obligations and
income of married persons. Essentially, everything acquired after the date of marriage
by either spouse is considered to be jointly owned by both spouses.
The law allows persons who intend to marry to change how their assets, obligations
and income will be characterized by Pre-Marital Agreements. These agreements are
contracts between persons who intend to marry.
Pre-marital Agreements vs. Post-martial Agreements
Spouses who are already married can also enter into similar agreements. Theses are
called post-marital agreements. The main difference between the two is the level
of duty owed to each other when reaching the agreement. After persons marry they
have a fiduciary duty to each other that people who are not married do not have.
Therefore, if a spouse hides anything from the other spouse when reaching the agreement,
it is more likely that the agreement will be overturned by the court in the event
of a dispute.
Enforceability of Pre-marital Agreements
Although persons who intend to marry do not have the same duty to each other as married
persons, a pre-marital agreement may still be overturned by the court in the event
of a dispute if the court finds any of the following:
- One person did not fully disclose information relating to his or her assets or obligations
to the other
- Undisclosed information could not have reasonably been known
- Further disclose was not waived
- Both persons did not have his or her own attorney
- Both persons could not read and understand the agreement document
- Duress, fraud or undue influence was involved
- Therefore, if pre-martial agreements are to be enforceable, it is important that
pre-marital agreements are carefully drafted and executed under circumstances which
eliminate any appearance of unfairness.
Estate Planning Use of Pre-marital and Post-Marital Agreements
There are many circumstances where pre- and post marital agreements are useful in
estate planning, because the law creates rights for spouses on death that are not
appropriate for all families. A common example is when one spouse is ill and on Medi-Cal
and the family's assets are needed to support the other spouse. Spouses can agree
to characterize all the assets as the separate property of the spouse who is not
on Medi-Cal, thereby avoiding a claim for reimbursement after death. Another example
is that when persons who have substantial assets marry, they may agree to avoid the
laws that apply to married persons at death will not apply to them, or only apply
under circumstances.
We can help you determine if a pre or post-marital agreement will help meet the needs
of you and your family, and we can draft them so that they will be more likely to
be enforced in the event of a dispute.
For specific information and legal advice regarding pre-marital or post-marital agreements,
please contact us via email or call and schedule your free initial consultation with
a Van Sickle & Associates Attorney.