In today’s world, many people considering marriage settle on prenups for protection of their assets in case a divorce occurs. To most people, prenups act as a defense mechanism. On the other hand, the number of divorces has risen drastically, so who would not want to play safe? Other couples disagree with the idea of a prenup because they believe marriage is a union that should last until death. According to Hunter Law P.A., a prenuptial agreement, or prenup, is a premarital agreement that provides certainty and comfort in a world that is full of uncertainties. The decision to get a prenup is never easy, and that is why you will learn some things you need to think about when considering a prenup.
1. You may not even need a prenup.
The purpose of a prenup is to protect the assets you come into a marriage with. It makes sense to people who come from rich families or self-made millionaires who want to get married, but at the same time safeguard their assets. In a situation whereby neither of the parties coming into marriage has significant assets, there is no need for a prenup to be signed. If you are about to get married and do not know how a prenup will help you, consult an attorney from Hunter Law P.A. and you will get all the advice on that topic you may need.
2. Asking for a prenup could quickly ruin your relationship.
Some people do not like the idea of prenups, and it is vital to understand your future spouse’s opinion on the subject before you ask for one. Since most people do not understand the benefits of prenups, they assume that it is a way of predicting failure in marriage. Whether or not prenups will be signed depends on the people getting married. To avoid ruining your relationship, ensure you visit Hunter Law P.A. and get to understand all the benefits of signing a prenup. If you and your spouse are comfortable with it, go ahead and do it, if not, stay away from it and get married normally.
3. There may be a quiet party who is in control of the prenup.
People who want to get a prenup need to understand who is requesting for it. When you are asking for a prenup, is it because you want it or you are under pressure from family members? The moment pressure from family members drives your prenup request; you need to sit down and ask yourself if it is what you want. If your family members are trying to guard their assets against your spouse, then you can use different channels that will not affect your spouse or marriage in the long run. In a marriage, you and your spouse should share resources as you please.
4. Disclosure of all assets.
The purpose of prenups is to protect pre-marital assets. The pre-marital assets may include real estates, family property, and savings. If you are not able to disclose all your assets before getting married, then the judge will consider them unprotected and divide them between you and your spouse, in the event of a divorce.
5. A prenup does not prevent a battle in court.
Most couples use a prenup as a means of simplifying the event of a divorce. Nobody likes stepping into a courtroom time and time again to talk about the same things, yet life needs to move on. However, the problem comes in when one of the spouses terms the prenup as unfair. When that happens, there has to be a court hearing.
Conclusion
According to Hunter Law P.A., a prenup is a valuable method of protecting your assets in a marriage, and not an idea of being pessimistic. If at all you have any questions regarding a prenup, do not sign it without getting all the clarification you need.