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Why should couples sign a prenup before their wedding day?

On Behalf of | Oct 2, 2020 | Family Law |

While any couple in Louisiana can benefit from signing a prenuptial agreement, some individuals can benefit more than others. Without a prenup, both individuals risk losing their assets during the divorce. This can include business assets, family wealth and even their children’s inheritance. Here’s why certain individuals should strongly consider signing a prenup before they get married.

How can signing a prenuptial agreement benefit couples?

A prenuptial agreement can benefit individuals who plan on owning a business whether they’ve already launched the company or plan on getting started after they’re married. Without a prenup, their spouse might be able to seize part of the business in the event of a divorce.

People should also consider signing a prenup if they have children from a previous marriage. Signing a prenup allows them to protect their children’s inheritance and prevents their spouse from seizing the family wealth.

Finally, couples should sign a prenup if they want to avoid the possibility of a long, stressful divorce. While they might not want to think about the possibility of getting divorced, a prenup makes the process much easier if the marriage does come to an end. Any couple can benefit from signing a prenuptial agreement, even if neither of them enter the marriage with any financial assets.

Where can couples find assistance in writing a prenup?

If a couple needs assistance in writing a prenuptial agreement, they might wish to speak with an attorney. An attorney may be able to help them write a legally binding document that divides up their assets in the event of a divorce. If they skip the prenup but decide that they still want an arrangement later on, an attorney may also assist them with a postnuptial agreement. Either way, an attorney may help individuals protect their financial assets.