The Benefits of Creating a Prenuptial Agreement

If you are planning to get married and are considering the prospect of creating a prenuptial agreement with your future spouse, you may be wondering about the benefits of collaborating on this important legal document. Some people believe that prenuptial agreements are a sign that a couple lacks faith in their marriage, but having one in place can benefit both spouses and ensure that, no matter what happens, the future is protected.

Why it is Beneficial to Create a Prenuptial Agreement

Financial matters are often at the core of many problems in marriages. Talking to your future spouse about your finances and what is most important to you before you get married will help set a stronger foundation for your future and encourage more open communication regarding these matters.

Here are some of the additional benefits you may receive from creating a prenuptial agreement:

  • Without a prenuptial agreement in place, your assets and property will be divided according to state law. With a prenuptial agreement, you can determine what is separate and what is marital property, which can make the divorce process less time-consuming and less expensive.
  • If you and your spouse have substantial assets, a prenuptial agreement can be particularly crucial for keeping separate property clearly defined.
  • If either of you has a significant amount of debt, a prenuptial agreement can protect the spouse without debt. Therefore, if you get a divorce, you will not be stuck with any debts that should be assigned to your spouse.

A prenuptial agreement might not sound romantic to couples preparing to tie the knot, but it can do a lot of good for a marriage and provide an incredible safety net for couples. You might never have to use it, but it is important to be prepared for anything.

Reach Out to Our Experienced Family Law Team to Set Up a Case Review Today!

If you and your future spouse agreed to create a prenuptial agreement, you should hire an attorney to assist you with this process. At Ford & Friedman, our experienced family law team can provide the advice and guidance you need to create a prenuptial agreement that effectively addresses your unique needs. You can count on us to help you safeguard your future.

Call our law office today at (702) 904-9898 to set up a case evaluation with one of our experienced family law attorneys to learn more about the benefits of creating a prenuptial agreement.