When a couple gets married, they often don’t want to even consider the possibility that their relationship will ever end. However, after many years together, the strain of life’s everyday burdens, as well as the simple personal changes that everyone undergoes over time, may eventually lead a couple to decide that they would be better off separating. Unfortunately, the separation process, particularly in a divorce, can often cause serious financial issues to emerge.
One way to avoid this issue is by signing a prenuptial agreement. These agreements define the property rights of each individual before the marriage, and can help to limit the acrimony that may occur during divorce proceedings. Many couples tend to think that prenuptial agreements are unromantic and begin a marriage on a needlessly combative note, but prenuptial agreements can actually have a number of benefits, both during a marriage and in the case that it should end. Some of these include:prenuptial agreements can actually have a number of benefits, both during a marriage and in the case that it should end. Some of these include:
- Reducing uncertainty and anxiety: couples who share all marital property may experience anxiety and frustration, feeling that they are bound to their relationship out of property concerns. By removing this barrier,
- Protecting adult children: prenuptial agreements are particularly well-suited to marriages which happen later in life, especially if one spouse has adult children for which they wish to ensure an adequate inheritance.
- Protecting business ownership: if one spouse has a significant ownership stake in a business, a premarital agreement can help to ensure that the business remains in their hands.
Regardless of the strength of a relationship, many experienced Austin divorce attorneys recommend prenuptial agreements to all couples with significant assets to ensure that any possible divorce proceedings are as untroubled as possible. A family lawyer has extensive knowledge about prenuptial agreements and can help you move forward towards a happy life, while making sure to protect the things most important to you. If you go through a divorce in the future, you should make sure that you are protected.