Protect Your Family From Conflict With A Prenuptial Or Postnuptial Agreement
More and more people are using prenuptial agreements and postnuptial agreements to protect their assets. These agreements can provide the parties with peace of mind and financial security.
Jeppesen Gray Sakai PS is an estate planning law firm that creates prenuptial and postnuptial agreements for adults at all stages of life. We can draft an agreement or review a proposed agreement in order to protect your assets and achieve your goals.
What a Prenuptial Agreement Can Do
A prenuptial agreement or community property agreement can accomplish many things. Typically, its purpose is to define what will be considered separate property if the marriage were to fail. Often, a prenuptial agreement is used protect the inheritances of children from a previous marriage. An agreement can also be used in situations where each party has substantial assets or income of their own, or when one party has significantly more assets than the other.
Jeppesen Gray Sakai PS has been advising clients in estate planning and asset protection matters for over 20 years. We understand how to draft agreements that can protect against unseen events and can stand up to the scrutiny of the court.
Creating a Postnuptial Agreement
Our attorneys can also draft or review a proposed postnuptial agreement (sometimes called a postnuptial contract). These agreements can transform a community asset into separate property. They are especially useful in Medicaid planning, where they can allow one spouse to retain an asset while allowing the other spouse to qualify for long-term care. However, there are many factors that must be considered in using a postnuptial agreement for Medicaid planning, including some important timing aspects.
Jeppesen Gray Sakai PS has experience in the use of postnuptial agreements in long-term care planning. We can give you guidance and provide services that can help you achieve your goals.