When to Get a Prenuptial Agreement

When to Get a Prenuptial Agreement

When you marry, you and your spouse become one legal entity. However, if things don’t work out, and you decide to get a divorce, that unity can quickly unravel. While prenups aren’t perfect, they can be a helpful tool for couples who want to protect their interests in the event of a breakup. This is why a divorce lawyer is needed to protect your assets. 

Prenups are typically used when one or both parties have significant assets such as homes, businesses, or investments. And while they’re not traditionally romantic, they can help prevent conflict down the road if things take a turn for the worse. Below, we’ll explain how and when you should use a prenup.

What is a prenup and what does it include?

A prenuptial agreement, or “prenup” for short, is a legal document that couples can sign before getting married. This agreement outlines how assets and debts would be divided in the event of a divorce. Prenups can also include provisions for child custody and support payments. While prenups are not required by law, they can be very helpful in protecting both parties’ interests if the marriage ends in divorce. 

Prenuptial agreements have got a bad reputation over the years, and many people assume that they are just used by rich people to protect their assets from their partners. In reality, they can be very useful for anyone who has assets they want to protect, such as if you own your own home or have children from an earlier relationship. They can also be used to ensure that any debts you owe or businesses you run don’t affect your partner if you decide to separate.

What are the benefits of having a prenup?

When you get married, you are making a commitment to your spouse for the rest of your life. You want to make sure that everything is taken care of if something happens to one of you, and you have to go through a divorce. That’s why it’s important to have a divorce lawyer like the Pacific Law Group. A prenuptial agreement can help protect both parties in the event of a divorce and can provide peace of mind during your marriage. Here are some of the benefits of having a prenuptial agreement: 

  • Prenups can help protect your assets in the event of a divorce. 
  • They can minimize conflict in the event of a divorce.
  • They can protect your future earnings
  • They can set forth rules for the division of property in the event of a death. 

A prenup protects both parties. The point of a prenup isn’t just to protect one person; it’s to make sure that everyone is on the same page financially. In other words, if you split up, you both know what will happen financially — which can prevent an ugly and drawn-out divorce battle that costs a lot of money and emotional energy down the line.

A prenuptial agreement can give you peace of mind and ensure that your assets are protected in the event of a divorce. Attorney Bernie knows the law inside out and will work with you to create a custom agreement that meets your specific needs.

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