When it comes to marriage, love, commitment, and trust are undoubtedly the cornerstones of a successful union. However, it is equally important to consider practical aspects of marriage and to protect both parties' interests. This is why you may need to consider a prenuptial agreement.
As a seasoned, medically trained family law attorney/mediator for more than 35 years, I have drafted thousands of prenuptial agreements. I know discussing a prenuptial agreement may evoke mixed feelings, and may not feel like the most romantic gesture, but these agreements offer numerous benefits that can help safeguard your future and ensure a smoother transition in case of unforeseen circumstances.
June is right around the corner and many blissful couples are getting ready to walk down the aisle. Don’t miss an opportunity to prepare properly for a happy, healthy marriage. Consider a prenuptial agreement!
You’ve spent lots of time tasting delicious cakes, visiting exciting venues, and picking the perfect wedding dress. Now take a few moments to consider protecting your financial future.
Let’s delve into eight compelling reasons why you should seriously consider a prenuptial agreement before tying the knot!
1. Protecting Individual Assets
A prenuptial agreement enables you to protect your individual assets that you acquired before the marriage. This can include properties, businesses, investments, and personal belongings. By defining and documenting the ownership of such assets, a prenup can prevent disputes and ensure that each party retains what they brought into the marriage.
2. Clarifying Financial Responsibilities
Financial matters are a common source of conflict in relationships. With a prenuptial agreement, you can clearly define each spouse's financial responsibilities and obligations during the marriage. This includes addressing matters such as bill payments, savings, investments, and debt management. Having these provisions in place can foster transparency and help maintain a healthy financial partnership.
3. Addressing Spousal Support
In the event of a divorce, spousal support or alimony can become a contentious issue. A prenuptial agreement allows you to establish guidelines for spousal support, including the duration and amount. By proactively addressing this matter, you can minimize potential conflicts and create a fair and reasonable framework that respects both parties' needs and circumstances.
4. Protecting Business Interests
If you own a business or are involved in a professional partnership, a prenuptial agreement can protect those interests. It can outline how the business will be divided or valued in the event of a divorce, ensuring that the company's continuity and success are not jeopardized due to marital complications.
5. Safeguarding Family Inheritance
If you have significant family wealth or expect to receive an inheritance, a prenuptial agreement can protect these assets and ensure they remain within your family. By specifying that these assets will remain separate from marital property, you can mitigate the risk of losing them in the event of a divorce.
6. Reducing Stress and Uncertainty
Divorce can be emotionally and financially draining, especially when assets and liabilities are contested. By having a prenuptial agreement in place, both parties are aware of the potential outcomes, which can alleviate stress and uncertainty during an already difficult time. A prenup provides a clear roadmap, making the divorce process smoother and more predictable.
7. Protecting Personal Privacy
In today's digital age, personal privacy is highly valued. A prenuptial agreement can include provisions that protect the privacy of both spouses, ensuring that personal information, such as financial records or sensitive documents, remains confidential. This can be particularly important for individuals in the public eye or those who wish to keep their personal affairs private.
8. Strengthening Communication and Trust
While discussing a prenuptial agreement may seem challenging, it can actually strengthen communication and trust between partners. The process of openly discussing financial matters and personal expectations allows for a deeper understanding of each other's values and goals. By working together to create a prenup, you lay a foundation of trust and commitment that can strengthen your relationship.
While a prenuptial agreement may not be necessary or suitable for every couple, it offers significant benefits for those who choose to pursue one.
So are you getting ready to walk down the aisle soon? Thinking about a prenuptial agreement? Let’s discuss what you would like included in your prenuptial agreement. I can craft a comprehensive agreement to address all your needs. I will also make recommendations as to what you should include that you might not have considered.
As a highly skilled family law attorney and mediator, I have created all kinds of prenuptial agreements tailored to meet the specific needs of couples starting a new married life. Remember, no two prenuptial agreements are alike.
Let’s explore what you would like to cover in your prenuptial agreement. If you have any questions about a prenuptial agreement please call me to schedule your free consultation at 212.734.1551.
All our FREE CONSULTATIONS are still available virtually.
I look forward to helping you prepare carefully and thoughtfully for your future!
Warm regards,
Lois
New York divorce attorney Lois Brenner still has some appointments available this week.
Please call to schedule your FREE consultation now.
If your wedding is around the corner we can schedule a consultation for you immediately and get your prenuptial agreement in place before you walk down the aisle!
Call 212.734.1551