5 Reasons Why You Need a Prenuptial Agreement

By  //  July 21, 2021

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Prenuptial agreements can be a confusing and emotional topic for many couples. They’re not as common in the United States as they are in other countries, and it’s easy to assume that you don’t need one.

However, this type of agreement can protect both individuals if the marriage ends up failing. It determines who owns what and what will happen if the marriage ends in divorce, death, or separation.


Here are five reasons why prenuptial agreements are important, and how they could benefit you and your spouse-to-be:

1. Protect Your Assets

One of the main reasons you might want to consider getting a prenuptial agreement is that it protects your assets. This means that if you and your spouse decide to get divorced, then you won’t have any issues over who gets what property or whether the house has been paid off in full. While this may seem like an obvious reason why you should get one, it’s important to note that many couples find themselves in financial trouble after getting married.

This is because a marriage often means an increase in spending and more money out of your pocket, especially if you have children or pets. If you want to protect assets you already owned before the marriage, then it’s important to have everything clearly set up before you tie the knot. In fact, prenuptial agreements are not just for those who are about to get married. They can also be used to protect your assets if you’ve already married.

2. Prevent Future Fights Over Money

A prenuptial agreement can be a great way to keep your financial future intact and prevent disagreements over money. Some people may not want to have this conversation before getting married, but if you’re already having doubts about the longevity of the marriage or know that these arguments could be a possibility in the future, it’s better for both of you to just get it out of the way.

The agreement can set a standard for how much each partner takes care of themselves and their own money, as well as what they’ll do if divorce proceedings take place later on down the line. It could also help to have some sort of contingency plan if one spouse dies or becomes unable to work due to illness or accident before retirement age. Instead of seeing it as a sign of mistrust, you can instead use it as a way to plan for the future and avoid potential problems.

3. Ensure Both Parties Are Clear on Finances and Property Division

Prenuptial agreements can be a great way to ensure that both parties are clear about the financial and property division before they commit. This is important, especially for people who have children from previous relationships. Making these decisions in advance makes things easier when it comes time to make them legally binding.

When it comes to property division, prenuptial agreements can help decide how to divide everything from your home, vehicles, and furniture. You can also decide who will take care of any debt that either party brings into the marriage. Prenuptial agreements can help couples get organized financially, and protect those who are marrying someone with a lot of debt.

4. Protect Children From a Potential Divorce

A prenuptial agreement can help protect your children in the event of a divorce. A good prenup plan will have provisions put into place that state how much time each parent must spend with the children after a marriage has ended and what type(s) of visits they should be allowed to make. It can also help protect your children from financial instability.

For instance, if you are in a high-income earning bracket but don’t have any assets to offer your spouse should the marriage end, then it’s wise to provide some form of security for your children with this type of document. A prenup can also help protect children if one parent dies or when one spouse wants to move away. It’s important to discuss what you want to do in these situations before they happen.

5. Avoid the Emotional Turmoil of Divorce

Prenuptial agreements are an often overlooked way to avoid the emotional turmoil of divorce. A prenup can help keep things fair for both spouses during the relationship. It’s a way to make decisions about finances, retirement, and children before the marriage occurs. Without a clear agreement, spouses might find themselves fighting over these issues in a divorce.


The last thing you want is to be in divorce court fighting over things you could have agreed upon when clearer heads prevailed. A prenup is not just for wealthy people who want to protect their assets, it can also provide clarity and help ease some of the tension between couples. Don’t hesitate to discuss the potential benefits of a prenup with the person you are considering marrying.

It’s Never Too Early To Start Planning for the Future

So many people underestimate the importance of a prenuptial agreement. It’s never too early to start planning for your future. Whether you’re married and have children or are considering marriage to someone with debt or children from other relationships, prenuptial agreements can help keep things fair so that both people are protected in the case of a divorce.

Don’t wait until it’s too late and you find yourself in the midst of a messy, emotional divorce. Consult a prenuptial agreements attorney who understands what both of you want for the future and come up with an agreement that addresses your needs.