Getting married can be one of the most exciting and joyful experiences in a person’s life. However, it can also be quite stressful and frustrating to plan all the details of a wedding. Considering how overwhelming this can all be, it may be no surprise that some people fail to think about the difficult realities of life after the wedding.
This can prove to be a critical oversight, unfortunately. Many couples get married without thinking about how they can protect themselves should the marriage end and they wind up locked in a complicated and contentious battle. This is why you may want to consider drawing up a prenuptial agreement even if it seems unnecessary, uncomfortable or inconvenient.
Having a prenup can be crucial for people who have significant assets or significantly different assets than their soon-to-be spouse. However, you can also use a prenup to protect each other from certain debts and keep family property. Without a prenup, these debts and assets could be at risk of being divided up in a divorce.
Too many people believe that a prenuptial agreement is a sign the marriage will fail or that one or both people do not want to get married. But it is simply a tool that can help people protect their individual assets and set financial guidelines in the event of a divorce.
It may be easier to think of a prenup like a life jacket. You don’t plan on crashing when you get on a boat but if you do crash, it can be a great relief to have that life jacket.
Understanding what a prenup is and how it can work to protect each spouse can be difficult, but you don’t have to do it alone. You can visit our law firm’s family law website to learn more about how we can help you assess your individual situation regarding the need for a prenup.