When couples in Ohio get married, they’re usually tempted to skip the prenuptial agreements. They may think that prenups are only for rich people, and they’re not planning to get divorced. However, these are both incorrect assumptions to make. Even the happiest couple has no idea whether their marriage will end up in divorce, and regardless, prenups aren’t just for rich people. Anyone can benefit from signing a prenup even if they have only a few assets to their name.
What are the benefits of a prenup?
Contrary to popular belief, prenuptial agreements don’t guarantee that your marriage will end in divorce. In fact, signing a prenuptial agreement can actually bring you and your spouse closer together. When you start writing your prenup, you’ll have to talk about important financial issues like debts and assets. This can help you deal with issues that could cause arguments later if they weren’t disclosed. For example, if your spouse has $50,000 in student loan debt, you’d prefer to deal with that in a prenup than learn about it months later when you’re already married.
Additionally, signing a prenup can make the divorce process much easier if you end up getting divorced. A prenup might prevent a lengthy legal battle that could be mentally damaging for both you and your children. Your prenup could also help the divorce process remain amicable, making both parties more willing to negotiate. Even if you have only a few assets, you’ll still be able to save time and money by taking care of financial issues at the start of your marriage.
How may an attorney help you write a prenup?
Prenups might sound simple enough, but a badly-written agreement can actually make the divorce proceedings more difficult. A family law attorney may help you write an airtight, legally binding prenup that protects you from financial ruin.