Most people don’t want to think about divorce as they head into marriage. However, this is something you may want to do if you are concerned about what would happen in the event of a divorce in California.
Just because you opt for a prenuptial agreement does not mean that divorce is imminent. It simply means you want to add a layer of protection just in case something goes wrong.
It is easy to associate a prenuptial agreement with wealthy individuals, but others can benefit from this as well. Here are some of the things this can do for you:
— Protect the assets that you bring into the marriage.
— Protect one person from assuming the debts of the other.
— Determine how any property you bring into the marriage will be distributed upon your death.
— Clarify any financial responsibilities or rights during the marriage.
— Avoid costly disputes in the event of divorce.
Regardless of how much money you have, you are not required by law to request a prenuptial agreement. This is something you have to decide on with your soon to be spouse. As difficult as the conversation may be, it is one that you must have if it is something you are interested in.
A prenuptial agreement is right for some and wrong for others. You won’t know what it can do for you until you learn about the finer details, while comparing the pros and cons. There is a lot to like about this, so don’t hesitate to learn more as you close in on your big day.
Source: FindLaw, “Can Prenuptial Agreements Help You?,” accessed Jan. 28, 2016