Many people view a prenuptial agreement in a very negative light. Frankly, it is just the opposite. In the event of a failed marriage, a prenuptial agreement works to protect the parties and their assets and provide for each party’s maintenance.
Nobody wants to go into a marriage with the contemplation of divorce. That is a happy time when you are filled with positive thoughts and dreams of years to come. For this very reason, this is the time that you are able to contemplate what should happen in the future, in the event that you divorce.
When times are good, you have a clear, positive mind to make decisions about the future. You are able to discuss these issues with your mate and be fair about how to resolve them. Conversely, when a marriage fails, often the parties are angry or upset. It is those emotions that later get in the way of fair, well-contemplated decisions.
What is a prenuptial agreement?
When you think of a prenuptial agreement, you think of people with large assets, a business, a large amount of savings or investments, high earning potential and/or other valuable assets. These agreements will provide for division of assets post-marriage and if applicable, support for one party of the marriage. Less well-known are the people who do not have large assets or earning potential but still would benefit from a prenuptial agreement. Perhaps you have a retirement plan that you want to retain if you divorce. Perhaps you have a home that your new spouse will move into that you wish to secure in the event of divorce. These are just a few examples of when you should consider making a prenuptial agreement even if without very large or valuable assets.
Contact an attorney serving Massachusetts and New Hampshire today
Marriage is a contract, perhaps the most important one that we make. When you contemplate most other contracts, you likely consult an attorney. Consider the same with this very important step in life. Contact us for a consultation to learn more about these agreements and to determine if you feel one is necessary in your case. You can contact Christine G. DeBernardis in her here online.