USE A PRENUPTIAL AGREEMENT AS A TOOL TO STRENGTHEN YOUR MARRIAGE
The prenuptial agreement is something that is often misunderstood. Some people think of it as something that you only ask for if you think the marriage is doomed. The truth is that a prenup is a valuable tool that can set the stage for your financial future as a married couple.
These agreements come with clear terms about the status of assets. This means that both parties know what will happen if there is a split. There aren’t any questions about the items in the agreement. For some people, such as those who are getting a family inheritance, the prenup’s terms can take the stress out of worrying that they will lose heirlooms.
We know that this might be a touchy subject in some marriages, but it is important for engaged couples to remember that they can use these to strengthen their union. Both parties must have the time to consider the terms of the agreement before they sign it. This means you should get things moving as soon as possible. Don’t assume that you can present it to the other party the day before the wedding.
When you are trying to decide if you need a prenuptial agreement, you must think about where your finances might be in the future. If you are thinking of starting a business or plan on amassing assets, you and your future spouse might benefit from an agreement.
There are some matters that can’t be covered in a prenuptial agreement. These include matters related to child custody and support. You have to handle these at the time of the divorce, so don’t worry about them right now.