Is a Premartial Agreement Right for Me?

One of the most unromantic subjects that you could ever bring up around your fiance is the subject of prenuptial agreements. However, despite the initial upset reaction you may receive, prenups may be a subject you really need to approach with them. We recommend you continue reading this article to find out if a prenuptial agreement is right for your situation.

First, a prenuptial agreement is a contractual vehicle that people can use to protect their property. This refers to the property that each martial partner owned before entering into a marriage.

Now, you may be asking, why would someone even entertain the thought of a prenup? Of the many situations, the one you are most familiar with is that of a very wealthy future spouse and a not so wealthy future spouse. In this case, the wealthier individual would want to protect their property in the case of a divorce.

Second, a prenup may be right for you if you are a person who has children from a previous marriage. They may be some items that you want your children to have (such as heirlooms) and a prenup would be a good way to ensure your children receive them.

Yet another reason for getting a prenuptial agreement is to insulate yourself from your future spouses debt. We don’t feel that you should become legally liable for someone else’s debt when you were not the one to help incur it.

The last reason some people choose a prenuptial is to cover themselves in case their marriage does fail. By deciding up front who will receive what, it takes a lot of the hurt and angry feelings out of the equation.

While these are four good reasons to get a prenuptial agreement, it is important to note that a prenup cannot deal with issues of child custody. Furthermore, a couple cannot use a prenupt to specify child support, nor can it legally address visitation rights. Only the court can make these decisions.

In conclusion, we believe that now that you have seen the benefits of using a prenuptial agreement, you will consider signing one before you get married. While it is not the most romantic gesture in the world to bring this subject up, you really do need to ensure you are taking the right steps to take care of yourself.