If there is anything we have learned during this pandemic (besides vigorous
hand washing), it is the amazing power of technology. We are fortunate
to live in a digital age where information is at our fingertips. We can
easily plan anything from our sofa including our weddings and our prenuptial
agreements.
From what I’m hearing as a prenuptial agreement expert, divorce attorney,
and mediator, couples aren’t letting a global pandemic or social
distancing stop them from getting married or having a postnuptial agreement
drafted. Because nothing can stop love, wedding plans and prenuptial agreements
are taking place on Zoom and Skype.
Since wedding season is upon us and I’m receiving lots of calls from
couples asking about prenuptial agreements, I thought I would share some
key reasons to consider having a prenuptial agreement.
And remember, prenuptial agreements are not just for the “rich and
famous”.
Here are the
TOP 5 REASONS to have a Prenuptial Agreement:
-
It Can Strengthen the Relationship.
In order for prenuptial agreements to work, you both have to be completely
transparent with one other about your existing financial matters. This
means fully disclosing your assets and your debts to one another. Get
the difficult conversations out of the way as soon as possible. Trust
me, the best time to talk about that maxed out credit card is not after
the honeymoon.
-
Avoiding Discussions About Financial Matters is a Start on the Wrong Foot.
Almost a third of divorces are the result of financial problems. We know
you’ve heard this one before, so why not address this in advance?
The more communicative you are in planning your future together, the more
likely that future will be “till death do us part.” Part of
your prenuptial discussion will include discussions about marital roles
and obligations of each partner. There is nothing unromantic about smart planning.
-
Divorce is Very Expensive
Divorces are quite pricey (except if you mediate) and while we know that
nothing can be further from your mind, the reality is that about 50% of
marriages in the U.S. end up this way. Think of your prenuptial agreement
as something of an “insurance policy” that will save you both
a lot of pain and money by predetermining who gets what at a time when
you are not angry at one other.
-
Financial Independence.
You’re single, you work hard, and you’re probably used to managing
your finances. However, during the course of a marriage, you are likely
to share certain financial responsibilities together. If maintaining a
certain level of financial independence is important to you, a prenuptial
agreement can help set those parameters for you. One way to do that is
to outline your obligations to each other and define where the lines are
in terms of maintaining your own earnings.
-
Planning your Life in Advance.
There is nothing wrong with making plans. By outlining specifics about
your future together, a prenuptial agreement gives you a roadmap to keep
you both on track. It also brings the tough decisions to the forefront
of your relationship.
With over 35 years of experience developing prenuptial agreements, I can
write a prenuptial agreement to help prepare and protect you and your
spouse for hopefully a lifetime of happiness.
Call me if you have any questions about your prenuptial agreement.
During the ongoing COVID-19 Pandemic all our
FREE 1 HOUR CONSULTATIONS are
conveniently conducted virtually to maintain safety!
I look forward to hearing all about your wedding plans and guiding you
on all the “do’s and dont’s” of a prenuptial agreement.
Stay Home, Stay Healthy & Stay Safe!
Warm regards,
Lois
Call New York Divorce Lawyer, Lois Brenner now to book your free consultation.
212.734.1551