Saturday, October 27, 2007

Good overview of prenuptial agreements

Divorce has an article on prenuptial agreements that provides a good overview of the pros and cons of prenuptial agreements. See A Satisfying Agreement.

I particularly like this section:

A prenuptial agreement has numerous benefits. Some of these benefits include:

1. The certainty it provides as to what happens in the event of a divorce or the death of either spouse.
2. Protecting children from a prior marriage.
3. It is prepared, in theory, when there is harmony instead of at a point when the relationship is very contentious.
4. The parties can negotiate the terms of the agreement; instead of having a third party (a judge) and state and provincial laws decide how to divide the couple's assets.
Please give me a call if you live in Indiana and are thinking about a prenuptial agreement.

No comments: