One of the biggest steps anyone can take in life is getting married. While it can be an exciting adventure at first, in some relationships those blissful feelings just don’t last. Before couples start their marital journey together, they should remember that divorce is a possibility. That’s why it’s important to consider getting a prenuptial agreement before tying the knot.
Prenuptial agreements are contracts signed by the couple before marriage. They establish some ground rules to follow if the unfortunate end of their relationship should draw near. In the agreement, each person’s property is listed, along with debts and other important issues and considerations. If there is a divorce, both parties can be secure in knowing that each of their assets prior to the marriage is safe.
Since people believe the relationship has staying power, the concept of a prenup seems absurd. Even if you don’t feel you’d ever leave your spouse, it’s important to remember that time changes things, even feelings. A prenup can make sure your property and finances are secure while also protecting you from debt. In addition, the couple can establish childcare and alimony agreements to reduce stress later on.
When a prenuptial agreement is formulated, it needs to be clear, forthright, and fair to both parties. It’s important to allow sufficient time to look at your premarital assets and try to determine how things should be separated from the marriage. Reviewing all the vital information before seeing a family law attorney can speed up the process and avoid any surprises when the final contract is drafted.
The most important thing to remember about prenuptial agreements is that they are not a forecast of failure. Like car insurance doesn’t mean you’re looking forward to having an accident, a prenup doesn’t assume your marriage is going to fail. Taking the time now to set up a prenuptial agreement will prevent future problems without damaging your present relationship.