Florida law states that both parties of a prenup must be represented by their own attorneys in order for the final prenuptial agreement to be considered valid.

Many states use the Uniform Prenuptial Agreement Act (UPAA) to determine the enforceability of prenuptial agreements. Florida adopted the UPAA in 2007. Each prenuptial agreement must be in writing and signed by both spouses to be enforceable.

What does a prenup cost? Tuskeen says a basic agreement starts at around $5,000 and can run to $15,000 or more. The need for both parties to obtain legal advice means they don’t come cheap, but she says the cost is small compared to the costs of going to court to divide the assets later on.

To be valid a prenuptial agreement must:

1. Include a full disclosure of the income and assets of both parties.
2. Be entered into freely.
3. Be made in writing and signed by both parties.
4. Be reasonable.
5. Allow each party time to review the agreement and with the assistance of legal counsel.
6. Be followed by both parties.

When Can Spousal Support be Waived? Under California law, spousal support can be waived by a person prior to the marriage in a prenuptial agreement. The future spouse must have independent legal counsel at the time of signing the prenuptial agreement and the terms must be conscionable at the time of signing.

In California, individuals can draft their prenups. However, without a legal background, it is easy for the prenuptial agreement to be invalidated. Therefore, it is wise to hire a lawyer to write a prenup as well as making sure you understand the state’s Prenuptial Agreement Law and what your options are.

While prenups usually aren’t bad ideas, they aren’t always necessary. For couples with significant financial assets on either or both sides, a prenup might be a good idea. There are a host of other reasons to think about getting a prenup. Namely, divorce (without a prenup) can seriously affect your credit.

California’s Prenuptial Agreement Law In California, individuals can draft their prenups. However, without a legal background, it is easy for the prenuptial agreement to be invalidated. The UPAA states that a premarital agreement is a contract that two prospective spouses sign before entering marriage.

Spousal abuse or cheating does not void or invalidate a prenuptial or partition agreement unless the agreement specifically states that. A custom marital agreement can include an infidelity clause, but the ramifications should be carefully considered.

Prenups Protect both Parties during Divorce. It becomes a no holds barred match as both parties try to squeeze as much money from each other. The divorce process becomes much cheaper, smoother and painless.

Reasons to get a prenuptial agreement in Florida include: to fix amount of alimony, to protect prior children, to protect family business.

Anyone who has personal assets, liabilities or property — or children from a previous marriage — should consider a prenup. A prenuptial agreement can clarify the financial rights and responsibilities of each party during the marriage and the distribution of property in the case of divorce or death.

When to Consider a Prenup. There are many situations in which a person might want to consider a prenup: When one of you has children from a previous relationship. If you are pursuing a career in a high earning field such as medicine. When one partner is much wealthier than the other.

In most jurisdictions, having a prenup in place can help the breadwinner spouse avoid having to pay alimony to the other in the event of a divorce. In order to ensure this occurs, it’s important that your prenup clearly states that there will be no award of spousal support to your ex in the event you divorce.