People most often make prenuptial and postnuptial agreements so that in the event that they do need a divorce, it takes the confusion and retaliation out of the process. Divorces are stressful and sometimes messy, so having a prenuptial or postnuptial agreement will take away a lot of the drama that comes with divorce. At the same time, the agreements can harm the marriage by invoking feeling of mistrust among the couple. All in all, there are many benefits to prenuptial and postnuptial agreements.
Why you should have a prenuptial or postnuptial agreement
It encourages financial unity in a marriage
A prenuptial agreement brings each individual’s finances to the spotlight and it forces a couple to talk about any financial issues they may have just ignored. A prenup helps a couple not only consider what should happen if they get divorced, but what should happen during their marriage so that they always remain financially stable.
It provides reasonable terms for division of property
Deciding how assets should be divided shouldn’t be during a time of conflict. Creating a prenup allows you to decide this during a time when your emotions are in check and when you want the best for the both of you. This way if you do end up getting a divorce, you have more time to spend healing instead of fretting over the details.
It protects your children’s financial future
If you have children from a previous marriage, a prenup can ensure they get the inheritance they deserve if you were to pass away. Often times the stepparent ends up taking half of their inheritance in a divorce and a prenup ensures that doesn’t happen.
Speak to a divorce lawyer
If you would like to speak to a lawyer about creating a prenuptial or postnuptial agreement, contact us here.