Reasons to consider a Prenuptial Agreement
If you are getting married, you may want to consider a prenuptial agreement before you tie the knot. A prenuptial agreement is not necessary in every situation, but is very useful to avoid conflict in certain situations. It is not always just for divorce. You may want to use it to allow you to decide how your assets will be distributed in the event of death rather than have your spouse be entitled to their elective share.
A prenuptial agreement allows you to predetermine in the even of death or divorce how some or all of your assets will be distributed. In the case of death, you will also need a will. Some situations where it is very useful to have a prenuptial agreement are when you have children from a prior relationship, a closely held business, or assets accumulated prior to the marriage. Even if none of those apply, you can still use it to help you save the expense of protracted litigation in the event of a divorce.
For more information on prenuptial agreements, please click here:/Family-Law-Divorce/Prenuptial-Agreements/