Mark Baer's Radio Interview on KNX 1070 NEWSRADIO on Premarital Agreements

I just had my interview with Jan Stevens on KNX 1070 NEWSRADIO - CBS Los Angeles. The topic was premarital agreements.

We discussed the reality that everyone who marries has a premarital agreement, whether or not they realize it. They either accept the "default" prenup, which consists of the Family Law Code in existence in the jurisdiction in which you reside, at the time of the divorce, if that were to occur. The laws differ from state to state and country to country, which is pretty indicative of the fact that they are by no means "fundamentally fair." Therefore, it makes much more sense to negotiate the terms that satisfy both parties' interests, needs, values, goals and fears, than to accept the "default" prenup.

While people may believe that premarital agreements are unromantic, the fact of the matter is that marriage is a huge financial entanglement. Since disputes over finances are one of the highest causes of divorce, it makes sense to actually discuss finances and negotiate agreements in that regard in advance. By entering into a truely negotiated premarital agreement, you increase the likelihood of having a successful marriage.

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