You and your significant other are getting married in Florida, and you’re wondering if a prenuptial agreement is a good idea. You may worry that prenups will make you seem like you don’t trust your future spouse or that they’ll think you don’t love them. However, prenuptial agreements are very important and can help protect both of the parties involved in the marriage.
To protect assets
Some people get married and have assets that they want to protect. For example, you worked hard for your company before the marriage and do not plan on giving it up in a divorce settlement because you created it while single. A prenuptial agreement would help keep this from happening by keeping these assets separate during the course of the marriage. In other words, prenuptial agreements are important because they can help keep you out of a bad divorce settlement where you could give up half your premarital property.
To protect children in the event of divorce
While prenuptial agreements are most commonly discussed in terms of protecting pre-existing assets, they can also help with current or future children. For example, prenuptial agreements can protect you from losing the means to provide for your children if the marriage ends. When both parties know what to expect financially in the event of a divorce, it makes it clear that everyone is on the same page as far as child care goes.
To offer peace of mind
Prenuptial agreements can offer peace of mind to both parties. They ensure that you and your spouse know what the other expects financially during a divorce, which helps keep fighting over premarital assets from becoming too much of an issue if the relationship ends.
If you’ve not yet entered into a prenuptial agreement, it’s something to consider. You can talk to your soon-to-be spouse about writing an agreement that is customized to fit both parties’ needs.