Readers in Worcester probably know there are numerous benefits to entering into a prenuptial agreement. The stigma associated with these marital agreements is virtually a thing of the past. Couples find that prenuptial agreements actually help to promote a harmonious marriage, especially since one of the leading factors of divorce is disagreement over finances.
When considering a prenuptial agreement, a Massachusetts family law attorney can assist in preparing an agreement that best fits your needs. Marital agreements help both parties to a marriage achieve a sense of economic certainty down the road. Whether the marriage ends by divorce or death, planning ahead for what will happen to the couple's assets in these events can provide a certain peace of mind. Additionally, the need for prenuptial and post-nuptial agreements has risen as the age at which people get married has increased over past generations, along with an increase in the rate of second marriages.
Many people view prenuptial agreements as a type of divorce insurance. Couples can plan for the division of assets like pensions or retirement plans, and cash assets or antiques. Prenuptial agreements can address the issue of alimony, and may even include items such as fidelity clauses. Business owners also find use in marital agreements, to plan for the division of business assets.
Although the thought of entering into a prenuptial agreement may not be romantic, it is often a practical and financially sound decision for both partners. Marital agreements offer a sense of security throughout the marriage, and can help prevent lengthy and costly court battles in the event of divorce. An experienced family law attorney can help draft a prenuptial agreement tailored to a couple's individual needs.
Source: Fox Business, "Why you should consider a prenup," Andrea Murad, Feb. 4, 2013