Prenups, or prenuptial agreements, should be part of every couple’s journey before getting married. While many view the idea of asking for a prenup to be “unromantic,” in reality, it’s one of the most romantic things you can do. Here’s why:
- Prenups clarify both of your intentions before marriage, which will only clarify your expectations and strengthen your bond. For example, maybe you have a home in your name that you bought a few years ago. Your future bride or groom may be under the impression that your house will now be theirs as well once you tie the knot. Prenups will help you clarify the characterization of assets and debts for you both.
- The process of preparing the Prenup will help you either get on the same page, or will confirm to you both that you’re already on the same page. That’s a win-win.
- In the event of a divorce, Prenups make it easy and affordable for you to part ways and maintain mutual respect for each other and the years you spent together. You will more than likely preserve your relationship and fondness of each other by parting amicably instead of engaging in a contested litigated battle.
- You will both learn about California community property laws and other important California laws when you meet with your attorney to discuss the terms of your prenup. This education is invaluable and absolutely necessary before you agree to marry and be bound by California laws.
Regardless of whether or not you have significant assets or debts, or whether this is your first, second, or third marriage, it’s very important to at a minimum consult with an attorney about a prenup before you get married.