Boston Prenup Lawyer
With almost 50% of all marriages ending in divorce, I’m not surprised by the number of people researching prenuptial agreements.
In my opinion, every couple planning a marriage should also add a prenuptial agreement to their to-do list. It doesn’t matter if you have a lot of money, a little money, or have a mountain of debt – my advice is to have a prenuptial agreement prepared prior to your marriage.
And I say that for three reasons.
One, if your marriage does end in divorce, and there is no prenuptial agreement, your divorce will be decided by the default divorce laws for the Commonwealth of Massachusetts – and those laws are set-in-stone.
Two, it’s a great way to discover a little more about your future husband or wife. With a prenuptial agreement, all assets and debts must be listed and because of that, you won’t have to face any nasty surprises after the wedding day. With a majority of marriages ending because of arguments or disagreements over money, doesn’t it just make sense to lay-out the finances before you say “I do.”
And three, because 50% of all marriages end in divorce, having a prenuptial agreement in place is significantly cheaper that going through a nasty, contested divorce.
How are Prenuptial Agreements Created?
As I indicated earlier, both parties list their assets and debts and agree on how to handle them. Then the couple typically either agrees to split assets and debts accrued during the marriage, or agrees to other contractual language that might apply to their specific situation.
So do you, and your future spouse, a favor and have a prenuptial agreement drawn up.
After all, It’s better to plan out of love then to plan when you’re “in hate”.
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If you would like to discuss prenuptial agreements, don’t hesitate to call me at (617) 273-5110 or contact me through my online form.
We’ll discuss your particular situation – and then you can decide if a prenuptial agreement is right for you and your future spouse.