Prenuptial Agreement / Real Property Assets
In almost every case, one or both parties to a Prenuptial Agreement own real property. Similarly, in almost every case, the parties are already living in the home of one of the parties or plan to do so after marriage. Thus, there are mixed together the issues of the home staying the separate property of one party, but current income is being spent on the mortgage on that real property, but both parties “control” the real property of one of the parties because they both live there, but yet only one party actually legally “controls” that real property, plus the issues of home insurance, maintenance and repair costs, property taxes, etc., etc. There are various ways to address these issues so that “the plan” works for the two people involved.
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