Louisiana Prenuptial Agreements: Issues for Contemporary Spouses
42nd Annual Estate Planning Seminar, October 2012
25 Pages Posted: 2 Nov 2012 Last revised: 11 Dec 2012
Date Written: October 25, 2012
Abstract
Prenuptial agreements can benefit nearly all couples. The stereotypical second-marriage couple and the couple with a large wealth disparity remain candidates for prenuptial agreements. But, the market is much larger than that. All couples, particularly those in Louisiana, can benefit from a prenuptial agreement. The default legal regime of community property presents a number of likely unintended and unexpected consequences for many spouses. Moreover, modern spouses likely have different concerns than the stereotypical prenuptial agreement candidates. This paper examines important demographic changes among married couples and attempts to identify some possible concerns and scenarios raided by these changes that could be addressed in a prenuptial agreement.
Keywords: community property, marriage, family law, prenuptial agreement, marriage contract, marital agreement, Louisiana, estate planning
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