1033. Host Laura Adams sits down with family law attorney Cari Rincker to unpack the crucial intersection of love, law, and your wallet. Cari reveals why every couple already has a prenuptial agreement (whether they signed one or not) and discusses legal differences between states for divorce. You’ll learn how to protect your assets, open the lines of communication, and build a secure financial future together.
Key Takeaways
- Why your state’s default divorce laws may not be the prenuptial agreement you want in force if you break up.
- Start the prenup process at least three months before your wedding to ensure ample time for financial disclosures and any tough conversations.
- In states with equitable division (like Illinois and New York), assets are divided in divorce based on factors the courts use to determine what’s “fair.”
- In community property states (like California and Arizona), there is a more straightforward split of assets and liabilities than in equitable states.
- The laws of the state where you actually file for the dissolution of the marriage are what will apply, not where you got married.
- Be sure you have access to your household’s financial records, including tax returns, bank statements, and online account logins.
- To save on the steep emotional and financial costs of a divorce or asset negotiation, couples should avoid fighting over minor details and instead focus their energy on their highest-priority issues.
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Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308.
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