Getting engaged is one of the highlights of one’s life. It marks the beginning of a new era for you and your partner that will be a relationship based on love and trust. You will no longer be one but a unit of two moving forward. Your joining together is not only physical and emotional but it will also be financial. So what happens when your fiancé(e) comes up with the idea that a prenuptial agreement should be done? Does it ruin your concept of trust and unconditional love?
It may but it doesn’t necessarily have to. Of course, all relationships are different. Each individual going into a marriage is unique, with his or her own personalities, expectations, goals, and desires. Also, each individual comes into a marriage with a previous life. That life may include a background with a longstanding financial history, children from a previous marriage whom they wish to protect, successful business they have spent years building, and other financial considerations. In this regard, what may tend to offend one individual can appear to be necessary to another.
Need legal guidance in devising a valid prenuptial agreement? Contact Burch Shepard Family Law Group at (949) 565-4158 to arrange to speak with one of our legal team.
Why a Prenup?
Before you begin to have doubts about your relationship with your fiancé(e) when the matter of a prenuptial agreement comes up, it is best to understand what a prenup does and why it might be a good thing. Since it involves outlining how all of your assets, property, and debts will be handled in the event of a divorce or the death of one of the parties, both parties will be required to fully disclose all of their finances to the other. This leads to both sides going into the marriage with complete knowledge of what they are getting themselves into. What if you discover that your intended has debts you were unaware of? You can then discuss the matter prior to the marriage and decide how those debts will be handled.
Prenups are advantageous for those who have spent their previous life building a strong financial base, those who have accumulated wealth through professional success prior to meeting their fiancé(e)s, and individuals with children from previous relationships who wish to preserve certain inheritances, gifts, or other financial protections. Such matters can all be incorporated into a prenuptial agreement that works for both sides. In the end, however, if you feel offended by the prospect of a prenup, it may be something that you can’t control. Should you make the fact that you are offended known to your partner? Before doing so, it might be wise to check in with yourself to determine why it offends you.
If the idea of a prenup ruins your idea of happily-ever-after, it may be better to face the reality that marriage is a partnership based on hard work, honesty, and compromise. It’s also generally better to start a marriage with fully understanding your partner, his or her previous financial matters, and why he or she feels a prenup should be made.
Let Burch Shepard Family Law Group Help
Because a lot of information as well as decisions must be made to draft and finalize a prenuptial agreement, it is best to consult an attorney. You will want someone to fully educate you on what a prenuptial agreement can and cannot do and ensure that yours is handled competently so that is holds up in court. At our firm, we provide highly-knowledgeable and experienced legal representation to ensure your family law issue is handled efficiently and effectively. We urge you to turn to us for the help you need to move forward with confidence.
Reach out to an attorney at (949) 565-4158 to get started today.