- Anticipating an inheritance?
- Active in a family owned business?
- Have children from a previous marriage you want to provide for?
- Accumulated premarital property?
These are just a few of the circumstances in which a prenuptial agreement, or prenup, should be considered.
Without a prenup, what happens in the event of a divorce, or one spouse’s death, can be uncertain or simply not what the spouses intended.
With a prenuptial agreement, intended spouses can reduce uncertainty and exert control over issues like property division and alimony in the event of a divorce, and inheritance in the event of a spouse’s death.
They may not be romantic, but prenups permit post-divorce (or post-death) financial affairs to be settled more rapidly, less expensively and more predictably.