With Valentine’s Day around the corner, you may have love – and marriage – on the mind. And if you do, you’re not alone. In fact, Valentine’s Day remains one of the most popular times of the year to get engaged. And if you’re planning a wedding, it’s time to start thinking about a prenuptial agreement.
Sure, the idea of a prenup may not be the most romantic, and you may have visions of rich oil tycoons and young fashion models when you think of those that require them. But the truth of the matter is, a prenuptial agreement can be a smart move for any couple – models, tycoons and regular joes alike. There are a whole lot of benefits to a prenup, including:
Knowing more about your partner
You likely already know a ton about the person you’re going to marry, but the prenuptial agreement process can uncover even more (and that’s not necessarily a bad thing!). Part of marriage includes aligning your financial goals and philosophies; getting a prenup can help start (and steamroll) that process.
You may love your partner, but do you love their debt? Well, in the event of a divorce, you’ll like that debt even less. A prenup can help protect you from your partner’s debt.
Property and assets
Got some valuable property that you’d like to hang on to? A prenup can help make sure you’re not selling your grandfather’s estate in order to give your ex-spouse his or her allotted percentage.
Cheaper, easier divorce
You may not want to think about divorce at an exciting time like this, but the fact of the matter is that many marriages do end in divorce. Unfortunately, the legal process for finalizing a divorce can make a bad situation even more excruciating. A prenup, on the other hand, can help facilitate a clean, uncomplicated divorce – which you’ll be grateful for if it happens.
Love might be blind – but your future doesn’t have to be. Give us a call for more information today. And have a great Valentine’s Day!