As Massachusetts residents begin to enjoy their summer, many also begin to plan around weddings. As couples get closer to their wedding date, they should, at the very least, consider creating a prenuptial agreement.
A prenuptial agreement is a document that allows a couple to reach an agreement as to how they will divide their property in the event of a divorce. A prenuptial agreement can also address whether one spouse will pay spousal support to the other, and if so, how much and for how long. Alternatively, one spouse can also waive their claim to spousal support.
Negotiating a prenuptial document can take time. Because of this, couples should discuss the possibility of a prenuptial agreement closer to the engagement than to the wedding. This gives the couple plenty of time to determine how they want to divide their property and decide if a prenuptial agreement is right for them.
Many individuals do not like the idea of a prenuptial agreement because they believe it implies that a divorce is likely to follow. This way of thinking is becoming a thing of the past. Many are starting to recognize that divorce is always a possibility, and if it does happen a prenuptial agreement can save a Massachusetts couple many headaches down the road.
At the very least, discussing a prenuptial agreement allows for a couple to openly express their views. As a couple moves forward towards marriage, reviewing their options with an experienced legal professional is one way to protect their legal rights and assets.
Source: Lantana Living, "Prenuptial Bliss: Negotiate Your Agreement Well Before Wedding Day," June 20, 2014