If there is anything we have learned during this pandemic (besides vigorous hand washing), it is the amazing power of technology. We are fortunate to live in a digital age where information is at our fingertips. We can easily plan anything from our sofa including our weddings and our prenuptial agreements.
From what I’m hearing as a prenuptial agreement expert, divorce attorney, and mediator, couples aren’t letting a global pandemic or social distancing stop them from getting married or having a postnuptial agreement drafted. Because nothing can stop love, wedding plans and prenuptial agreements are taking place on Zoom and Skype.
Since wedding season is upon us and I’m receiving lots of calls from couples asking about prenuptial agreements, I thought I would share some key reasons to consider having a prenuptial agreement.
And remember, prenuptial agreements are not just for the “rich and famous”.
Here are the TOP 5 REASONS to have a Prenuptial Agreement:
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It Can Strengthen the Relationship.
In order for prenuptial agreements to work, you both have to be completely transparent with one other about your existing financial matters. This means fully disclosing your assets and your debts to one another. Get the difficult conversations out of the way as soon as possible. Trust me, the best time to talk about that maxed out credit card is not after the honeymoon.
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Avoiding Discussions About Financial Matters is a Start on the Wrong Foot.
Almost a third of divorces are the result of financial problems. We know you’ve heard this one before, so why not address this in advance? The more communicative you are in planning your future together, the more likely that future will be “till death do us part.” Part of your prenuptial discussion will include discussions about marital roles and obligations of each partner. There is nothing unromantic about smart planning.
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Divorce is Very Expensive
Divorces are quite pricey (except if you mediate) and while we know that nothing can be further from your mind, the reality is that about 50% of marriages in the U.S. end up this way. Think of your prenuptial agreement as something of an “insurance policy” that will save you both a lot of pain and money by predetermining who gets what at a time when you are not angry at one other.
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Financial Independence.
You’re single, you work hard, and you’re probably used to managing your finances. However, during the course of a marriage, you are likely to share certain financial responsibilities together. If maintaining a certain level of financial independence is important to you, a prenuptial agreement can help set those parameters for you. One way to do that is to outline your obligations to each other and define where the lines are in terms of maintaining your own earnings.
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Planning your Life in Advance.
There is nothing wrong with making plans. By outlining specifics about your future together, a prenuptial agreement gives you a roadmap to keep you both on track. It also brings the tough decisions to the forefront of your relationship.
With over 35 years of experience developing prenuptial agreements, I can write a prenuptial agreement to help prepare and protect you and your spouse for hopefully a lifetime of happiness.
Call me if you have any questions about your prenuptial agreement.
During the ongoing COVID-19 Pandemic all our FREE 1 HOUR CONSULTATIONS are conveniently conducted virtually to maintain safety!
I look forward to hearing all about your wedding plans and guiding you on all the “do’s and dont’s” of a prenuptial agreement.
Stay Home, Stay Healthy & Stay Safe!
Warm regards,
Lois
Call New York Divorce Lawyer, Lois Brenner now to book your free consultation. 212.734.1551