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The benefits of prenuptial agreements

If you are reading this post, it is likely that you are considering a prenuptial agreement. Many Quincy residents may be skeptical about prenuptial agreements because the document is believed to carry a negative stigma. With more and more couples proceeding with a prenup, however, this is no longer the case.

Prenuptial agreements can be drafted for engaged couples and those entering into same-sex marriages. The agreements can prove especially important for an individual entering into a second marriage. The best way to protect children from a prior marriage is through a prenuptial agreement.

In addition to proving beneficial in second marriage, a prenup offers many other benefits. Couples who pursue a prenuptial agreement are forced to have conversations about difficult topics before their marriage. This dialogue encourages openness and honesty in moving forward with a marriage.

The prenuptial agreement can protect one's assets acquired prior to marriage. This can be especially important when a person has a large inheritance or owns a small business. Also, the agreement not only protects assets, but also protects from debts. A prenup can set aside individual debt to protect the other party from debt that was never theirs.

Arguably the most beneficial reason to get a prenuptial agreement is the time and money saved if a divorce occurs at a later time. Divorce can be a long drawn out process when the two individuals are stuck going back and forth, arguing about what is theirs and what is not. Prenuptial agreements help bypass many of these arguments and typically result in added stress.

All in all, a prenuptial agreement can serve as an outstanding option to engaged couples. Those considering a prenup should discuss their situation with an experienced legal professional who can help to protect their assets and create an agreement that will be legally binding under Massachusetts law.

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