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Prenuptial Agreements Archives

Drafting a prenup that will hold up in court

A prenuptial agreement is a wise idea for anyone getting married who has assets to protect, children from a previous relationship or a business. However, it's certainly not a bad idea for anyone. Even couples going into a marriage with little to their name besides some battered furniture and a ton of student loan debt can benefit from a prenup.

Prenuptial agreements provide insurance for the unknown

Prenuptial agreements are advantageous for a number of reasons. One key purpose, however, is to help people protect the individual assets that they bring into a marriage. When one spouse has considerably more assets than the other -- and/or a much larger income -- a prenup helps that spouse avoid having to give up a significant portion of his or her net worth in a divorce.

Why married couples should maintain some financial independence

When couples get married, they merge many aspects of their lives. Generally, this includes their finances, since they are usually each contributing to the mortgage, household expenses, child care, vacations and incidental costs.

What prenups are and what they cover

Despite the fact that state laws already exist surrounding how property and other assets will be divided in the event of either your spouse's death or a divorce, many couples elect to have a prenuptial agreement drafted to protect their interests. As a result, if you have a prenup in place, a judge will take into account the terms of your agreement in rendering decisions before finalizing your divorce.

Prenuptial agreements can provide protection in case of divorce

The blissfulness of marriage is something that you're probably looking forward to when you ask your significant other to marry you. It is important that you realize that marriage isn't all fun and games. It takes hard work to make a marriage work. Unfortunately, not all marriages will respond to the hard work. Some marriages are going to end in divorce.

What could cause a prenuptial agreement to be invalid?

It's wise for just about every couple who gets married to have a prenuptial agreement. Among other things, it can define individual assets and debts that the two people are brining into the marriage and how those accumulated during the marriage will be divided in a divorce.

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