Efficient And Compassionate Family Law Representation

What are the reasons to create a prenuptial agreement?

| Nov 10, 2016 | Family Law

Getting married is one of the biggest joys in life. While you never know what the future holds, it’s safe to assume that this will be a day that you remember forever.

While not the right approach for every couple, many find that a prenuptial agreement is a good idea.

There are many reasons why one or both people may want to create a prenuptial agreement, including the fact that there are assets to be protected in the event of a future divorce.

Here are some of the other reasons to use a prenuptial agreement:

— To protect one party from being responsible for the debt that the other brings into the marriage.

— To protect assets (as noted above).

— To simplify the division of property during a divorce.

As you can see, there are many good reasons to create a prenuptial agreement. However, there’s something to remember: This is not always easy to talk about.

If both parties are on board with the idea, it may be simple to move forward. But if one person wants a prenuptial agreement and the other person doesn’t know the first thing about this, it can be a challenge to discuss.

The best thing you can do is sit down with your partner, discuss the pros and cons of a prenuptial agreement, and make sure you are both on the same page.

Due to the legal complexities associated with a prenuptial agreement, give yourself enough time to create the document, review it with your partner, and make any necessary changes before tying the knot.

Source: FindLaw, “Prenuptial Agreements,” accessed Nov. 10, 2016

Archives

FindLaw Network

Law Office of Dawn M. Green,
has been Nominated and Accepted as 2015 AIOFLA’S 10 Best Law Firm in Maryland For Client Satisfaction

Image
Image
Super Lawyers Badge
Super Lawyers Badge