Prenuptial agreements are not only useful in the event of a marriage falling apart, they can be exceptionally helpful for couples who come to the relationship with differing understandings of personal financial responsibility. In this way, a well-crafted prenuptial agreement can help two individuals create boundaries for each other so that the money-related disagreements that destroy many marriages never have to become an issue.
Such an agreement could be useful if one partner comes to the marriage with a great deal of personal debt or a poor record of paying bills in a timely manner. Finding a way to get on the same page about money matters is exceptionally important in a marriage, because the financial decisions of one partner often become the burden of the other.
Sometimes, creating a structure to help give shape to your financial relationship can help you and the person you love focus on the reasons you love each other and want to build a life together, rather than focus on the ways you view money differently. A well-crafted prenuptial agreement is an excellent way to address a variety of complicated money issues by clearly defining each spouse’s expectations and responsibilities.
If you believe that your upcoming marriage could benefit from a detailed, personally built prenuptial agreement, be sure to make time to consult with a legal professional before your wedding. With the guidance of an experienced attorney, you can address money conflicts in your relationship before they ever have an opportunity to affect your life together with the one you love.
Source: Findlaw, “What Can and Cannot be Included in Prenuptial Agreements,” accessed Aug. 11, 2017