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Posts tagged "Prenuptial Agreements"

Mediation can make it easier to write a prenuptial agreement

Prenuptial agreements are generally a good idea. They clear up uncertainty that could turn a problem with the relationship into a chaotic battle fraught with emotional and actual losses. But many people associate "prenups" with mistrust. Why would someone in love ever think that divorce would be a possibility?

Prenuptial agreements are important and often inexpensive

Prenuptial agreements may seem to engaged people in love like something people only ask for when they are not confident in the relationship. Even when people are not reacting emotionally to the question of a prenup, it may not seem like much of an issue if prospective spouses do not have too much money to their name.

How do prenuptial agreements smooth the path to marriage?

Most people bring a significant amount of personal property and assets to a marriage, especially if they are marrying later in life. Many people who are engaged for the second or third time have learned a valuable lesson about what to expect from divorce. But all potential spouses could benefit from a prenuptial agreement.

Do prenuptial agreements help or hurt new marriages?

A parent wants to protect children from an earlier marriage. A business owner needs to clarify the future of the enterprise for partners or employees. A person has a big inheritance coming. There are many obvious reasons for a prenuptial agreement, but some of the lesser-known reasons apply to everyone.

Who needs a prenuptial agreement and why?

The idea of a prenuptial agreement can be contentious between fiances, but there are no drawbacks to a contract that safeguards individuals' futures. No one gets married thinking about how to handle its end, but there are some people who are more likely to enjoy the security that a prenuptial agreement provides.

Do tax code changes matter to prenuptial agreements?

Prenuptial agreements can cause tension for an engaged couple. Everyone wants to think that their marriage will be bulletproof and there is no point in preparing for a future when it is ending. Although it is often difficult to create one, agreements often give more security than trepidation to new couples.

Prenuptial agreements adapt to new technological times

Prenuptial agreements are widely considered a good idea, much in the same way that wills can avoid disagreements between surviving family members. There is something valuable in having the specifications of a relationship clearly spelled out for all parties to understand.

Can you change a prenup?

You want to get a prenuptial agreement, and your significant other has agreed to it. Your only concern, though, is simply setting things in stone when your lives may significantly change in the years to come. Can you alter the prenup at a later date, or are you stuck with whatever you decide today?