5 Important Ways Prenuptial Agreements Can Benefit You (Pt. 1)
Prenuptial agreements are only for the wealthy, are unromantic and are awkward to talk about – that’s what many people say and think when the topic of prenups arises. While prenuptial agreements can be beneficial for wealthy people (and are often used by people with substantial assets), however, the truth is that these legal documents can actually provide a number of important benefits to people even if they do not have substantial wealth when getting married.
Shedding some more light on this subject, this blog series, we will reveal some of the most significant benefits of prenuptial agreements. If you are ready to develop a prenup or if you just need the best Nevada divorce representation ASAP, however, don’t hesitate to contact the experienced Las Vegas divorce attorneys at RIGHT Lawyers. You can count on us to provide you with superior legal service while aggressively defending your interests in divorce.
Although prenuptial agreements will come into play when a marriage ends, they can also set up some specific guidelines regarding the financial obligations each party will have in the marriage. For instance, have you and your fiancé worked out who will cover the living expenses? Or how you will cover credit card debt?
If not, discussing and clearing up these issues before the marriage and putting some of these matters into prenups can be essential to:
- Having realistic expectations
- Reducing the chances that fights about money will arise
- Setting yourself up for success in your marriage (as fighting about money is a common contributing factor to divorce).
Do you own a business? Or are you planning on starting a new business in the future? If so, then having a prenup can help you protect that business, as it can specifically state that your partner will have no claim to the business in the event of a future divorce.
For some more important benefits of prenuptial agreements, be sure to check out the conclusion to this blog series. It will be posted soon.