A prenuptial agreement is a critical component of modern marriage. Although some people worry, if they get a prenup, they are setting their marriage up to fail right from the start. Our experience shows this is not the case.
For many people, just the act of discussing what is necessary for a prenup makes their relationship stronger. This is because it forces you to have a serious conversation about your finances and other aspects of your lives together. This makes sure you are both on the same page regarding your wishes.
We know you hope your marriage will have the staying power to last a lifetime. The truth is, some will end in divorce. If you do get a prenup, the divorce process will be much smoother on you and your children. Not only that, but you’ll also have confidence you will protect your financial assets.
How to Get a Prenup
The best way to get a prenup is to work with an experienced law firm, like Ogborne Law. We will guide the discussion about how to divide up your assets in the event of a divorce. We recognize that this is not an easy conversation to have. Therefore we will do everything we can to ensure that the process is as painless as possible. We’ll ask pointed questions to get you and your partner thinking about what your future would look like if the two of you no longer wish to stay together.
Your finances will be the main topic of discussion when you want to get a prenup. And this will form the basis for the rest of the agreement. In many cases, each spouse may wish to keep the financial assets that they brought into the marriage. When you put protections like that into your prenup, you’ll ensure you’ll be able to maintain your previous lifestyle and level of security.
Your prenup can also include provisions for how to divide up money obtained during the marriage. And if one partner earns significantly more than the other, he or she may wish to protect more of those earnings. Many state’s laws require you to divide everything evenly if a prenup does not exist.
If you and your partner plan to have children in the future, you’ll also want to include provisions in your prenup for how to care for the children. This could include things like who the kids will live with, how you will share custody, who is expected to pay their expenses, and more. Children are often the most affected by a divorce, so if you get a prenup, you’ll make the process much easier on them.
Your home is another major consideration you’ll have to evaluate to get a prenup. Will one spouse keep the house while the other keeps more of the money? Will you sell the house and split the proceeds? Outlining what will happen to the house in advance will remove a common point of disagreement. You’ll also want to consider other major physical assets, like your cars and other expensive belongings.
When you are ready for a prenup, contact us at Ogborne Law. We will help you evaluate your current situation and your projections for the future to develop an agreement suitable for both of you.
Engaging with an attorney to protect your family is never an easy step. Whether you need to protect your family from the unthinkable or restructure your family through collaborative divorce, we’re here to help. When you’re ready to schedule a consultation with Michelle Ogborne, please visit the scheduling page to get started.