Are you looking forward to the fairytale ending of your love story? If you will be tying the knot soon, then you should probably start thinking of having a prenuptial agreement.
Many people are not aware of its purpose and benefits. And those who know it often frown upon it. They think that it is unromantic and it takes the magic out of your happy ending. But let's face it. This is the real world and we are all aware how things can go wrong.
As wedding bells ring, couples are busy planning for the entire wedding. People are worrying about the clothes, the food, the venue and even have a prenuptial photo shoot. But they miss out on some important things like prenuptial agreements.
The couple actually gets a lot of advantages if they have one. This may not be felt immediately but in the long run you will be thankful that you signed a preregistration agreement. Below are some of the advantages of signing one:
1. Avoid conflict- Let's accept the fact. Some of the frequent husband and wife conflicts can be avoided if you already have a pre-signed agreement on certain matters. This specifically applies to financial issues.
2. Cut costs- In case you need to part ways later on the entire process will be less expensive since you have already settled certain things before you even got married. Preregistration agreements mean less work for your lawyers and the court so this would also mean less pay on their part.
3. Protect your children- One of the difficult conflicts in divorce is when you have to settle financial support for the kids. Both parents would want to ensure that the children have good lives. To do so, it is better to draft a pre-nup.
4. Protecting property- It can be hard to settle issues regarding the division of properties especially those that have sentimental value. Settling it in prenup agreements can make it easier for you to detach from certain property or protect those that you value the most.
Many people are not aware of its purpose and benefits. And those who know it often frown upon it. They think that it is unromantic and it takes the magic out of your happy ending. But let's face it. This is the real world and we are all aware how things can go wrong.
As wedding bells ring, couples are busy planning for the entire wedding. People are worrying about the clothes, the food, the venue and even have a prenuptial photo shoot. But they miss out on some important things like prenuptial agreements.
The couple actually gets a lot of advantages if they have one. This may not be felt immediately but in the long run you will be thankful that you signed a preregistration agreement. Below are some of the advantages of signing one:
1. Avoid conflict- Let's accept the fact. Some of the frequent husband and wife conflicts can be avoided if you already have a pre-signed agreement on certain matters. This specifically applies to financial issues.
2. Cut costs- In case you need to part ways later on the entire process will be less expensive since you have already settled certain things before you even got married. Preregistration agreements mean less work for your lawyers and the court so this would also mean less pay on their part.
3. Protect your children- One of the difficult conflicts in divorce is when you have to settle financial support for the kids. Both parents would want to ensure that the children have good lives. To do so, it is better to draft a pre-nup.
4. Protecting property- It can be hard to settle issues regarding the division of properties especially those that have sentimental value. Settling it in prenup agreements can make it easier for you to detach from certain property or protect those that you value the most.