Asset Protection Before Marriage
Summary
A prenuptial agreement and a trust are effective ways to secure assets before marriage. A prenup outlines asset division in divorce, while a trust protects assets from being considered marital property. Trust documents generally do not need notarization with each change, but state laws may vary. Consider consulting a family law attorney in your state for personalized advice.Full Conversation
Before getting married should I put my assets in a trust or a prenup?
Hi there! Both a trust and a prenuptial agreement can secure your assets before marriage.
- Prenuptial Agreement: Clearly outlines asset division in case of divorce.
- Trust: Protects assets from being considered marital property.
Which state are you located in? This will help me provide more specific information.
do I need to have my trust document notarized every time I make a change
Generally, you do not need to notarize your trust document every time you make a change. However, the laws can vary by state.
Which state are you located in? This will help provide specific details regarding your situation.