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.
Few Florida readers are unaware of the marital woes facing shamed Hollywood producer Harvey Weinstein. In the aftermath of Weinstein's dismissal from his production company and amid rumors of criminal charges to come, his wife of 10 years is preparing for a divorce. The couple had a prenup, but like many prenuptial agreements, the contract included a clause regarding the length of the marriage.
According to family law attorneys, more and more young people are including a prenup in their wedding planning to-do lists. Prenuptial agreements were once the domain of the rich and famous but now are viewed simply as financial planning tools. There are a number of reasons why young spouses in Florida and elsewhere have embraced these marital contracts.
Some Florida couples decide to make decisions about their marriages before they begin. Some may choose to legally bind the decisions in a prenuptial agreement. Not only do prenuptial agreements allow couples to make financial decisions before a marriage begins, but some agreements also include stipulations about sexual and romantic decisions, family boundaries, and financial responsibility decisions while married.