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Finding a happy medium in negotiating prenuptial agreements

Faced with a request for a prenup, some Florida residents will initially react by taking offense. Once the practicalities of prenuptial agreements are examined in closer detail, many people will come to see the benefits of having a carefully drafted prenup. One way to smooth ruffled feathers is to underscore the fact that the agreement is not a one-size-fits-all product, and entails a degree of negotiation. The final outcome should reflect the interests of both parties, not just one.

The changing role of prenuptial agreements over time

When many Florida couples sit down to plan their wedding, they also consider what level of financial protection to include in the process. Prenuptial agreements are far more common now than they were in years past. In fact, the very concept of a marital contract is a relatively new thing, and is an issue that has only been widely accepted in the past 25 years or so. Over that span of time, the reasons leading individuals to consider a prenup have changed.

How property division can impact retirement planning

Negotiating the division of marital assets is one of the most dreaded aspects of many Florida divorces. Spouses know that property division is a necessary step, but are often overwhelmed by the sheer volume of decisions that must be made. Navigating this process can be a challenge, especially for individuals who are also nearing retirement age, and who will have to take an entirely different approach to retirement planning after their divorce.

Prenuptial agreements can be an inheritance requirement

For many Florida couples who are preparing to wed, negotiating a prenup is not a step that the parties set out to take, but a requirement for one party in order to secure his or her inheritance. While "forced" prenuptial agreements can seem like a harsh family approach to wedded bliss, there is little debate about the fact that many marriages will eventually end in divorce. Viewed from a different angle, a prenuptial agreement can be seen as a savvy financial planning tool, and not a cruel or heartless statement about the strength of a couple's commitment.

Prenuptial agreements critical for older spouses

Finding love again after the age of 50 is a wonderful thing. For those in Florida who are fortunate enough to find their perfect counterpart later in life, taking the plunge to get married is exciting. In preparation for a late-life marriage, couples should consider drafting prenuptial agreements. Doing so can ease the minds of other relatives who are concerned about what the future might hold.

Prenuptial agreements essential for older spouses

Preparing to marry is an exciting time, no matter one's age. For those who are taking the plunge after the age of 50, however, there are certain legal considerations that should be addressed as part of the wedding planning. Prenuptial agreements are an excellent example, and can provide important benefits to Florida spouses who are bringing considerable assets into the union.

Prenuptial agreements on the rise among millennials

A recent survey conducted by the American Academy of Matrimonial Lawyers suggests that younger couples are taking a proactive approach to financial planning prior to marriage. Among the family law attorneys surveyed, 62 percent report a rise in the use of prenuptial agreements among younger couples. That change may indicate that young people in Florida and elsewhere are approaching marriage in a different manner than their parents or grandparents.

The often overlooked benefit of prenuptial agreements

When considering marriage, many Florida spouses are concerned about money management. However, very few take the time to actually sit down and hammer out a solid plan for how to combine and manage finances as a married couple. Prenuptial agreements offer a clear and well-defined path toward having those conversations. Unfortunately, few spouses recognize the benefits of negotiating a prenup.

Survey suggests that Millennials favor prenuptial agreements

When it comes to protecting assets from being ravaged during a divorce, it appears that Millennials in Florida and across the nation are taking a far more practical approach than previous generations. A recent survey by the American Academy of Matrimonial Lawyers suggests that younger people are pursuing prenuptial agreements at a rate far ahead of their parents or grandparents. The survey included the input of more than 1,600 family law attorneys. 

Prenuptial agreements not the only source of protection

Many Florida couples choose to live together as they decide whether their relationship is worthy of marriage. For many of these couples, cohabitation turns into a long-term prospect, either by design or by circumstance. As they accumulate more and more assets together, many are unaware that they may be placing their financial stability at risk. While prenuptial agreements may not be of assistance to unmarried couples, it is still possible to secure a measure of financial protection.

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Fort Myers Family Law

Sheldon E. Finman, P.A.
2134 McGregor Boulevard
Fort Myers, FL 33901

Toll Free: 877-214-3207
Phone: 239-332-4543
Fax: 239-334-7828
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