Getting a prenup is one of the biggest decisions you can make with your spouse-to-be. It’s not as simple as picking the wedding cake flavor or the color scheme for the reception. So whether or not you choose to execute a prenup, it should never be due to a lack of knowledge or familiarity. At the end of the day, there are several reasons why couples decide to enter into a prenup.
When considering the benefits and drawbacks of prenups, as well as what kind of effect it could have on your marriage, here are some relationship coach’s factors to consider:
Pros:
- Extra examination and analysis of financial matters
- Protects family ties, inheritance, and lineage
- Children from previous marriages are financially protected
- Personal and business assets earned before marriage are protected
- Gets rid of the battle over finances in the event of divorce
Cons:
- Can set the precedent of “planning for divorce”
- Can create serious tension between partners
- Gives the impression that there’s a lack of trust between partners
- People don’t usually consider prenups a “romantic gesture”
- Can build resentment on behalf of the partner who is served with the prenup
- Prenups can be nullified if all financials aren’t properly disclosed
- Partner could choose not to sign
As you can see, there are many things to consider about prenups. If you Visit Peters And May or a similar prenup expert, they can answer any questions you may have about the process. There are thousands of misconceptions about prenups, which is why it’s necessary to be knowledgeable about its many pros and cons. But don’t forget to ask your partner how they want to start the rest of their life with you, and compare your answer with theirs! It’s not the easiest conversation in the world, but with patience and effective communication, you can do anything. At the end of the day, the only people in charge of your marriage are you and them.