Why You Should Consider a Prenuptial Agreement—Regardless of Wealth
Prenuptial agreements are no longer exclusive to the ultra-wealthy or celebrities. Today, more couples from all walks of life are choosing to have honest conversations about finances and expectations before saying "I do." In fact, recent data indicates that prenuptial agreements are on the rise, particularly among younger generations.
Why Are More Couples Opting for Prenups?
A prenuptial agreement can provide clarity and peace of mind by setting expectations around assets, debts, and property division. For those entering into a second marriage, bringing children into the relationship, or owning a business, a prenup can help protect their interests and avoid future disputes.
The Importance of Properly Drafted Agreements
However, it's important to note that not all prenuptial agreements are created equal. A poorly drafted or improperly executed prenup can be rendered unenforceable in court. Common pitfalls include vague language, lack of full financial disclosure, or signing without the guidance of legal counsel. Signing off on a prenup without an attorney can be a serious mistake that may not hold up if challenged.
Considering a Postnuptial Agreement?
If you're already married, a postnuptial agreement can serve a similar purpose, clarifying how assets and debts will be handled in the event of separation or divorce.
At Dischell Bartle Dooley, our experienced family law attorneys are here to help guide you through the process with compassion and clarity. To learn more about prenuptial or postnuptial agreements, call us at 215-362-2474 or send us a message.
Let us help you prepare for your future—together.