DON’T BELIEVE THESE COMMON PRENUP MYTHS
A prenuptial agreement is likely not your highest priority when you are planning to marry. It’s not very romantic and for some, it may even be a deal-breaker.
However, despite the bad rap prenups have gotten in the past, there are some real benefits to having a prenup in place before you recite your vows.
There are also many myths that surround prenups that you should know about. Here are a few myths to ignore:
1. If you’re not wealthy, you don’t need one: Prenups can help anyone who has assets before getting married, but it can also help people who have debt. It can also help protect your children from a previous relationship when it comes to your assets.
2. You don’t need an attorney: Both you and your soon-to-be spouse need to each have your own attorney review the legal document before signing it.
3. A prenuptial agreement can contain anything: This is a common misconception about prenups. You can’t include anything about child support or child custody, but you also can’t include things like what will happen if one spouse gains weight.
4. You can wait to the last minute to sign it: If you divorce and the judge sees where one of you signed the prenup right before the ceremony, it could be thrown out of court. If you can show the judge that you signed the prenup under duress, then he or she could invalidate it.
These are just a few of the myths surrounding a prenuptial agreement. In order to make sure your prenup will provide you with the protection you need if you divorce, be sure to have it reviewed by your attorney.