Prenuptial agreements help engaged couples preemptively decide how to manage financial issues like spousal support and property division should a marriage end in separation and divorce. They can also be used to document each spouse’s separate property, setting forth in writing items that do not count as marital property. In the event of a divorce, the couple can enforce the prenuptial agreement to preserve separate property rights.
Although they may not seem particularly romantic, prenuptial agreements can help couples make fair, equitable decisions about how to manage their property, long before conflict surfaces. Discussing financial affairs when both parties are happy can spare them both a substantial amount of emotional turmoil and conflict down the road.
The decision to put a prenuptial agreement in place is personal, but know that if you choose to have one, it is a binding legal contract and should only be executed with the help of an attorney. Contact us to learn more about how we can help you secure a prenuptial agreement.