Portland Nuptial FAQ

Skilled Pre and Post Nuptial Law Firm in Portland, Oregon

What is a prenuptial agreement?
A prenuptial agreement, also known as a premarital agreement, is a contract that is created by two people prior to their marriage.  Prenuptial agreements define how money and assets will be divided should the two people decide to terminate their marriage.

What is a postnuptial agreement?
A postnuptial agreement, also known as a postmarital agreement, is a contract that is created by spouses after they are married.  A postnuptial agreement lists how wealth and property will be divided amongst the spouses should they divorce or legally separate.

What assets are considered “marital assets”?
Marital assets are property that is incurred throughout the duration of the marriage.  Examples of marital assets include, but are not limited to: homes, cars, furniture, savings, stocks and even debts.

What is a marriage contract?
A marriage contract is a legally binding agreement made between spouses prior to marriage.  Marriage contracts usually identify what will happen to the spouses’ wealth and property in the event of a divorce.  The issue of child custody may also be addressed in marriage contracts.  For example, the marriage contract may state that the wife will retain custody of the children, should the spouses decide to divorce.

What is a cohabitation agreement?
A cohabitation agreement is a legally binding agreement that is reached between two people who decide to live together.  These agreements address the division of property, pensions, and wealth should the couple decide to separate.  These agreements can also identify what property is categorized as “separate”.

How can a Portland nuptial lawyer help me?
If you are thinking about creating a nuptial agreement, a Portland nuptial attorney can assist you in many ways.  First, a lawyer can inform you of Oregon’s nuptial agreement laws, and will help you draft an agreement that is in accordance with state laws.  Second, an attorney can inform you of your options and make sure that your agreement does not compromise your rights or your significant other’s rights.  Finally, a Portland nuptial agreement lawyer can expedite the process by helping you with paperwork, providing you with the right resources, and by managing the entire legal process for you.