Many people in New Jersey assume that a prenuptial agreement isn’t for them. In society’s eyes, prenups are only for rich couples, celebrities and people who expect their marriage to end in divorce. However, every couple can benefit from signing a prenup even if they’re entering their marriage with only a few assets. A prenup can help people have difficult conversations and know exactly what they’re getting into before they get married.
How can a prenup help couples before they get married?
As you plan your wedding, you probably don’t want to talk about financial issues. However, it’s important to have important conversations about your finances before you get married. Otherwise, you might end up with an unpleasant surprise, like learning that your spouse has thousands of dollars in credit card debt.
Prenuptial agreements give you the chance to lay out your assets and plan for the future before you get married. You’ll know exactly what you’re getting into because you’ll see your partner’s debts and assets. Additionally, you’ll learn which assets are important to you and your partner. As a result, you can be honest with each other about your finances.
Signing a prenup can help you avoid arguments about money later in your marriage. If you do end up getting divorced, the prenup will make the process much easier.
Should you hire an attorney to help you write a prenup?
While it might be tempting to save money by writing your own prenup, it could cause legal issues later on. An attorney may help you write a clear, legally binding prenup that leaves no room for interpretation. An attorney might also help a married couple write a postnuptial agreement.