Ensuring Your Protection Before You Say I Do
These days, couples getting married only have a 50% chance of staying together for the rest of their lives. When you and your significant other decide to say your vows, it’s because you truly believe that your relationship will be one of the 50% that makes it. But it’s prudent to prepare for the worst-case scenario: divorce.
The Roach Law Firm has helped many soon-to-be-wed couples in and around Lake Charles, Louisiana, protect their interests by creating prenuptial agreements.
The Basics Of A Prenuptial Agreement
A prenuptial agreement is a written contract that two people create before they get married. These agreements are commonly referred to as prenups for short. Generally, a prenup details each party’s assets, debts, and property and lays out terms for what will happen to these items if their marriage doesn’t work out.
Here are some things that a prenup can do:
- Specify how property will be divided in the divorce
- Dictate if alimony will be awarded, in what amount and for how long
- Protect individuals from inheriting their spouse’s debt
- Shield individuals’ family gifts, heirlooms and inheritances from becoming marital property
There are many more things these agreements can accomplish, and you can personalize your prenup to suit your individual needs and wants.
Do I Really Need A Prenup?
There are a couple of common misconceptions about prenuptial agreements that we’d like to dispel. The first and most common is that they’re only for the ultra-wealthy. While agreeing on terms of a divorce before marriage is especially crucial for people with considerable assets, debts, and property, any couple can benefit from signing a prenup.
If you have anything you want to shield from divorce proceedings or any strong wishes about what you’d like to see happen, why not put it in a legally binding agreement? You have nothing to lose.
Another harmful myth about prenups is that those who want them don’t have faith in their relationship, don’t truly love their future spouse, or are otherwise selfish, greedy, or untrustworthy. It is these negative connotations that stop people from exercising their rights and protecting themselves.
Prenuptial agreements are legal documents that safeguard those entering high-risk arrangements like marriage. They don’t have any meaning beyond that. It is simply wise to look out for yourself in case the odds are not in your favor.
Let Us Help You Secure Your Future
If you are engaged to be married, talk to your fiancé about creating a prenuptial agreement. It’s never a bad idea to have a plan in place if you decide to split up one day. The Roach Law Firm is here to answer your questions and help create an arrangement that benefits both parties. You can reach out to us online or call our office at 866-613-5458 to schedule a consultation.