Though the majority of engaged couples are likely not planning to divorce, a large percentage of marriages will not survive. The topic of a marital contract may seem unromantic, but prenuptial agreements provide peace of mind. Even if many Florida residents do not think they will need a prenup, the security they can provide makes them worthwhile.
No one is dreaming about a divorce on their wedding day. Unfortunately, nothing lasts forever, and whether a marriage ends in divorce or death, it will eventually end. Florida residents who are concerned about their financial security when that happens may need the protections offered by prenuptial agreements.
Though the overall divorce rate is declining, that is not true for those aged 50 and older. The divorce rate for older couples has increased significantly and is referred to as a 'gray' divorce. In Florida and elsewhere, many of these divorced individuals are choosing to remarry, and many may benefit from signing prenuptial agreements before walking down the aisle gain.
A couple need not be a celebrity or come from a wealthy family in order to employ a marital contract before exchanging their vows. While there may be a few engaged Florida residents who will not necessarily need prenuptial agreements, chances are that more couples would benefit from having a well-drafted contract in place. There are likely many couples who could derive peace of mind from a prenup if a marriage does not survive.
The concept of a premarital contract has been around for centuries, especially among the wealthy and well-connected families. However, the millennial generation has been credited for changing many traditions including marriage. They are living proof that prenuptial agreements can be as unique as the parties involved. Since these contracts are increasing in popularity, Florida residents may be interested in learning more about the protections they can offer.
For countless decades, engaged couples often used legal contracts that would help ensure that family fortunes would remain intact in the event that the marriage did not survive. Over the past few years, with the ever-increasing influence of social media in the lives of the vast majority of people, there have been new applications for prenuptial agreements. Florida residents who have reservations about how these types of social media accounts can affect their personal lives may benefit from learning more.
Wedding planning can take months of work in order to ensure that the day goes as smoothly as possible. Strangely, many couples seem to approach the drafting of prenuptial agreements in a much more hurried fashion. Unfortunately, if both spouses are not fully aware of all aspects of what the document covers, then Florida residents may find that a judge will not enforce these contracts.
Regardless of their level of wealth, any couple intending to marry may benefit from pre-marital contracts that are meant to safeguard loved ones or those assets not intended for division in the event of a divorce. When couples decide that prenuptial agreements may play an important role in protecting certain assets, it is helpful to ensure that these documents are correctly written. Florida residents may be surprised to learn that there are times when divorce courts may not enforce an existing agreement.
Most Florida couples know that financial matters are a leading cause of marital turmoil and could even lead to divorce. For those who have yet to tie the knot, deciding how to navigate financial disparities can be a challenge. When the right approach is taken, talks about prenuptial agreements can actually serve to strengthen a couple's bond.
An individual who wishes to protect his or her own assets and family wealth has a choice to make as a marriage approaches. Prenuptial agreements are one tool that many people choose to use to help them protect income and inheritance, as well as set some nonfinancial guidelines. In Florida, some wealthy families choose to make the prenuptial agreement part of a family estate plan so all children participate, and also to avoid the awkwardness that can sometimes come with bringing up a conversation about prenups with an adult child's future spouse.