As they approach marriage, many young couples begin planning their lives together without considering just how difficult marriages can become. In many cases, a couple may forego a prenuptial agreement that could strengthen or save their marriage because they assume they simply won’t ever need it. Of course, just about anyone who is or has been married knows that this is wildly optimistic at best.
No couple is ever too young, too in love or too poor to need a prenuptial agreement. These agreements are not intended to weaken a marriage by creating a “pre-baked divorce,” as many couples still believe. Rather, a prenuptial agreement can strengthen a marriage if drafted correctly, with the couple’s needs and priorities in mind.
A prenuptial agreement help protect one spouse’s property from the other’s debt, or can separate family heirlooms and inheritance from marital property, alleviating many of the tensions that arise around finances for young couples. This is especially useful when one or both parties come from families with significant assets. It is often the family and friends of the couple that cause complications around finances, and not one of the partners. Creating these separations can act as a hedge of protection for the marriage, deflecting many tensions before they even have a chance to arise.
If you and your loved one plan to get married soon, be sure to do your own research on prenuptial agreements and the protections one can offer your marriage. You can also speak with an experienced attorney who will help you build a strong agreement that reflects your needs and priorities. It just may prove to be the best thing you ever do for the one you love.
Source: TIME, “Why You Should Get a Prenup Even If You’re Young and Broke,” Erin Lowry, accessed Feb. 09, 2018