Prenuptial agreements are often misunderstood. Many people think only wealthy people need them. The reality is that anyone going into marriage with significant assets or debt could benefit from a prenuptial agreement. Having a prenup does not mean you think your marriage will fail. Among the … [Read more...] about When Is the Best Time to Give Your Fiancé a Prenuptial Agreement?
What Are the Risks of Leaving Financial Matters to Your Spouse?
It’s not unusual for one spouse in a marriage to manage the couple’s money, including paying bills and investing savings. However, there are significant risks in leaving financial matters to your spouse if you neglect to stay informed about their actions. If the marriage ends in divorce or death, … [Read more...] about What Are the Risks of Leaving Financial Matters to Your Spouse?
Negotiating a Prenuptial Agreement When Your Future Spouse Has a Trust Fund
People often think the purpose of prenuptial agreements is for a wealthy spouse to limit how much they would have to pay the less wealthy spouse in the event of divorce. However, a prenuptial agreement benefits both parties. It provides an opportunity to discuss not just your respective financial … [Read more...] about Negotiating a Prenuptial Agreement When Your Future Spouse Has a Trust Fund
Why You Should Use a Trust and Prenuptial Agreement to Protect Separate Assets in Divorce
When a couple divorces, only their marital property is divided between them. Separate property is not split. Separate property is property that is acquired before the parties’ wedding date, through inheritance, or a gift made directly to a party during the marriage, provided it remains titled … [Read more...] about Why You Should Use a Trust and Prenuptial Agreement to Protect Separate Assets in Divorce
4 Reasons You Should Get a Prenuptial Agreement Months Before the Wedding
You don’t have to be rich to have a prenuptial agreement. Prenups are beneficial in almost every marriage because they require the couple to have honest discussions about their finances, including their values about money and expectations for their life together. For those bringing significant … [Read more...] about 4 Reasons You Should Get a Prenuptial Agreement Months Before the Wedding
Should You Use a Trust or a Prenuptial Agreement to Protect Your Separate Assets From Your Spouse?
Many couples enter into a marriage with some individual assets. Those assets are considered separate property and, generally, will not be divided if the couple divorces. Separate property also includes an inheritance or a gift made directly to a party during the marriage, provided it remains titled … [Read more...] about Should You Use a Trust or a Prenuptial Agreement to Protect Your Separate Assets From Your Spouse?