3 reasons you need to sign a prenup before getting married
Group photo of the attorneys and staff of Corona Law Firm, P.A.
3 reasons you need to sign a prenup before getting married
Group photo of the attorneys and staff of Corona Law Firm, P.A.
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3 reasons you need to sign a prenup before getting married

On Behalf of | May 16, 2022 | Uncategorized

Pretty much everyone gets into a marital relationship with the hope that the union will last a lifetime. Unfortunately, this is not always the case as some marriages end up in divorce. And when this happens, one of the conflicts that most divorcing couples grapple with has to do with property division.

A prenuptial agreement is a binding document that couples sign before marriage with the goal of protecting personal property from marital property should the marriage collapse. Here are three benefits of signing a prenup before tying the knot.

Start off your marriage on the same page

Finances, assets and debts are always a sticky issue in any relationship. Though it may seem awkward, it is important that you have a candid conversation regarding these subjects before getting married. This way, you will be able to understand each party’s goals and expectations so you can start your marriage with open conversation.

Fair sharing of marital assets

If you are coming into the marriage with a significant amount of assets, it is important that you sign a premarital agreement before making things official. This will ensure that you do not lose a considerable amount of your wealth to your spouse should the marriage end in divorce. This is especially crucial if you are retired and may never have a chance to work. With a prenup in place, you will have peace of mind knowing that each party’s pre-marriage assets are separated from the wealth they make together while in marriage.

Protect your children and business

If you have children from a previous relationship, it is important that you safeguard their inheritance. And there is no better way of achieving this than through a prenup. Done right, a prenup will ensure that your children’s inheritance is not interfered with should your marriage come to an end.

If you have a business, signing a prenup before marriage can protect your investment from division during the divorce.

A prenuptial agreement offers several benefits. Find out how you can use a prenup to protect your rights and interests should the marriage come to an end.