When you decide to tie the knot with the person you love, you assume you will be married for the rest of your life. Unfortunately, this does not always hold true. There are times when divorce comes into play, meaning that you will face a variety of challenges and questions.
A prenuptial agreement may be just what you need in order to put your mind at ease before your big day arrives. Of course, there's one problem with this: You need to discuss this detail with your soon to be spouse.
In some cases, both individuals are on board with the idea of creating a prenuptial agreement. Other times, however, one person wants to create a prenuptial agreement while the other is unsure of if this is a good idea.
Some of the top benefits of a prenuptial agreement include:
-- To protect inheritance rights of any children from a prior marriage
-- To make it clear as to which property is separate and will not come into play during property division in the event of a divorce
-- To protect your professional practice or any business interest
-- To limit the amount of alimony that one spouse would have to pay the other
When the time comes to discuss a prenuptial agreement with your partner, here are some tips for doing so:
-- Keep an open mind, as you may not have the same ideas as the other person
-- Leave plenty of time, as it's likely that you will have to revisit this conversation several times to work through all the finer details
-- Don't force the other person to do anything that makes them uncomfortable
Since there is a lot that goes into creating a prenuptial agreement, you should always seek the assistance of a qualified family law attorney. This is the best way to work through the process with confidence.
A prenuptial agreement is the right decision for many couples, but that doesn't mean that everyone should move in this direction before tying the knot.
If nothing else, learn more about the pros and cons of a prenuptial agreement and discuss this with your partner. This will give you a better idea of the steps you should take as your big day closes in.