Legal Question in Family Law in California
post nuptial agreement
I'm not getting a divorce, but my wife is nervous about my new venture into realestate. I'm buying and renting foreclosures with a partner and might own multiple homes. She doesn't want to be part of it. I was told if I do a post nuptial agreement she would be ok and not liable. Is this true?
Asked on 11/28/06, 9:44 pm
1 Answer from Attorneys
Lyle Johnson
Bedi and Johnson Attorneys at Law
Re: post nuptial agreement
I have some doubts about the financial protection that your wife would receive from a post nuptial. In my experience, the best protection is to form a coppration. If this is properly done there should be little or no tax consequences. It also allows you and your wife to protect assets from liability for the investment venture debts.
Answered on 12/04/06, 1:24 am
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