FREQUENTLY ASKED QUESTIONS
West Coast Prenup brings a wealth of experience in the practice of family law from which much of the foundation of prenups are grounded.
Helping clients grasp the provisions and protections of this niche practice is a core goal at West Coast Prenup.
Q: Why do I need a prenup?
Think of a prenup as insurance for your marriage. Like health insurance, car insurance, or homeowners insurance, you invest in these types of coverage to protect against the unforeseen. No one plans to get sick, in an accident, or have their home flood in a hurricane, yet we acknowledge that sometimes these things just happen - and when they do, they can be very expensive to fix. Having insurance allows you to relax knowing you will be protected and not go into financial ruin due to these unforeseeable circumstance in your life. A prenup offers the same peace of mind as any other form of insurance. It simply allows a couple to predetermine and fully customize the division of their assets in the event they should divorce in the future. Rather than being subject to default California community property laws, or leave their financial futures in the hands of a judge, couples choose a prenup to maintain control over their finances and financial futures, no matter what happens. Divorce is often expensive, time consuming, and emotionally and financially draining. In some cases, the process can take years to complete. A good, solid prenup can reduce all these burdens and help you move through a difficult time with as much ease as possible.
What if i don't have a lot of assets or make a lot of money- do I need a prenup?
No matter what your income, a prenup could be a good fit for you. A prenup simply allows you to opt out of California default community property law, which currently states that all income and assets acquired during a marriage must be split 50-50 upon divorce, regardless of who earned them. This 50-50 division applies to all income from work, businesses you or your spouse may own or have an interest in, increase in value in stocks or other investments during the marriage, increase in value in any home you purchase together, or home one of you purchased before the marriage if you made payments on it or improvements to it during the marriage, checking and savings accounts, 401K's, IRA's, furniture and home furnishings, and anything else purchased, acquired, or earned during marriage.
Even marriages where there is relatively little to "divide," significant disagreements may arise, making the process long and costly for both parties. However, if the division of all assets is already predetermined before you separate, you may be able to avoid a process that can often take several years and cost both sides a fortune in attorneys' fees.
BUT getting a prenup feels like expecting MY marriage to fail!
Absolutely not. Getting a prenup is no more expecting your marriage to fail than having health insurance means you are planning to get sick. The purpose of both is to make sure you are protected should the worst occur, and to provide you with the peace of mind such protection brings. In the case of divorce, a prenup allows you to be in control over the division of your assets, and also protects from the emotional and financial drain of a drawn out, contested divorce proceeding.
WHY WEST COAST PRENUP?
At WCP we understand that people work their whole lives to acquire a savings, home, business, retirement accounts, and the like, and these assets - regardless of the size or value - are meaningful to them. At West Coast Prenup we believe that prenups are the insurance of the family law world, and that our clients - not the courts - should have control over how their assets are divided in the unlikely event of a divorce. Most family law attorneys and family law practices dabble in premarital agreements. But, when it comes to protecting these valuable assets, rather than selecting an attorney that is spread thin across all areas of the law, choose someone who is at the top of the field.
At West Coast Prenup we have a true passion for creating solid, enforceable, premarital agreements specifically tailored to reflect your individual wishes and needs. Principal Erin Campbell of West Coast Prenup will work directly with you to explain complex legal issues in simplest terms so that you feel calm and confident, rather than overwhelmed by the process.
the benefit of flat fee pricing
All of the services provided by West Coast Prenup are offered on a flat-fee basis. Many firms charge an hourly fee, and require a large retainer up front. This can result in unpredictable and often much higher-than-expected fees, especially if there are lengthy negotiations. At West Coast Prenup you will be quoted a flat-fee rate up front, and that is the total amount you will pay, regardless of how long it takes conclude all services related to your premarital agreement. We believe this is the most transparent and client-centered way to do business. Please contact us for more information about services and pricing.