Business owners in Arizona face unique legal and financial risks when entering a marriage or navigating changes during a marriage. This is especially true in a community property state like Arizona, where businesses, income, and even future growth may be subject to division in a divorce. Professionals, entrepreneurs, and closely held business owners in Scottsdale,…
Prenuptial and postnuptial agreements can be powerful planning tools for couples in Arizona, including those living in Scottsdale and Paradise Valley. However, these agreements are only effective if they are done correctly. Arizona courts will not enforce an agreement simply because both spouses signed it. The process matters. Timing, disclosure, fairness, and legal guidance all…
Couples in Scottsdale, Paradise Valley, and throughout Arizona often have similar questions about prenuptial and postnuptial agreements. Below are answers to some of the most common questions we hear from clients in a community property state. WHAT IS A PRENUPTIAL AGREEMENT? A prenuptial agreement is a written contract signed before marriage that defines how property,…
A Guide for Couples in Scottsdale, Paradise Valley, and Throughout Arizona Arizona is a community property state, which means that—by default—most property and debt acquired during marriage is considered jointly owned by both spouses. For many couples in Scottsdale, Paradise Valley, and across Maricopa County, these default rules can create unintended consequences. Prenuptial and postnuptial…
A prenuptial agreement, often called a “prenup,” is a written contract entered into by two people before they get married. In Arizona, a prenuptial agreement allows couples to decide in advance how property, income, debts, and certain financial issues will be handled during the marriage and if the marriage ends by divorce or death. Because…
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