Benefits of a Premarital Agreement

Benefits of a Premarital Agreement

Divorce
Premarital agreements make a lot of people uncomfortable. For many, they think that making plans for a potential breakup of the marriage is the same thing as expecting it to fail. The reality is, however, that premarital agreements can protect everyone’s future and may even make a marriage better. What are Premarital Agreements? Premarital agreements, also known as “prenuptial agreements” or simply “prenups,” are contracts into which people who are getting married can enter. They usually address the way that the finances will be handled in the event that the marriage ends or certain events happen. For example, a premarital agreement could include terms that keep certain assets solely in the name of one spouse or that prevent the other party from seeking maintenance in the event of infidelity. Premarital…
Read More