Many couples debate whether to sign a prenuptial agreement. Unfortunately, the issue can lead to arguments or add tension to an otherwise blissful period in a couple’s relationship. In many cases, however, couples can benefit from entering into an equitable prenuptial contract. The document can actually relieve stress at every stage of the marriage, from before the wedding day, during the marriage and, if the marriage should fall apart, at the time of divorce.
Importantly, the prenuptial agreement must be fairly negotiated and both parties should be represented by competent counsel, or the document can instead create stress between partners. Also important, the couple should address changes in financial situations that occur during the marriage, either by anticipating potential growth in the prenuptial agreement or by renegotiating the contract if a big change occurs.
Before you are married: a prenuptial agreement can relieve wedding day doubts
You have a lot to plan for the big day — venue, flowers, invites, cake, rings, and ceremony. You should also be planning for your financial future. Opening up a joint bank account and combining assets can be unnerving and create anxiety and doubt. A prenuptial agreement relieves concerns about what happens if? With the finances in order, you can concentrate on building a strong relationship with your spouse.
During your marriage: a prenuptial agreement offers security
Partners often make individual sacrifices to help the entire family. For example, you may forgo an exciting job opportunity to support your spouse’s career, or you may give up earning an income to care for your children. Having a prenuptial agreement can give you security to make these types of decisions without fear of hurting your financial future.
Money is a primary reason couples argue. A prenuptial that presents a clear financial profile can, thus, ease the common tensions caused by financial issues.
When filing for divorce: a prenuptial agreement reduces stress and uncertainty
You didn’t think this day would come as you walked down the aisle and exchanged wedding vows. At the time, you might have questioned whether a prenuptial was necessary. During a divorce, this document can protect your rights and relieve uncertainty about what happens now.
You negotiated the agreement at a time when each of you was anticipating a future together. You were, therefore, more likely to negotiate a reasonable division of assets. A well-negotiated contract can take the emotional aspect out of the divorce process and result in more equitable distribution of marital assets.
Learn more about how a prenuptial agreement can ease stress in your
Before getting married, consider negotiating an equitable prenuptial agreement. The document can protect you personally and help your marriage succeed. Fresno divorce attorney Rebecca Medina can explain the
advantages of signing a prenuptial and help you negotiate with your fiancé.