Nothing can kill the romance of an engagement like discussing the end of the marriage. Yet, no one can predict the future. Any divorce in North Carolina can get complicated quickly and take months to overcome. However, if a couple separates with a prenuptial agreement in place, the divorce may be more straightforward and possibly less stressful, especially during the process of property division. Here are some reasons to consider a prenuptial agreement.
Prenuptial agreements aren’t just for the wealthy
A prenuptial agreement is a written contract created by future spouses before the marriage that typically lists the property, assets and debts that each individual owns. Prenups have a reputation of being only for wealthy people who need to protect familial assets or wealth. However, prenups can be advantageous for almost every couple.
Prenuptial agreements can be created for a single purpose, such as protecting a family heirloom. A prenup can also be used to specify items that one party inherits during marriage will remain his or her separate property. Whether individuals go into marriage with many assets or very little, a prenup can be used to spell out how property and assets will be divided instead of waiting until divorce proceedings.
Help with prenups
Prenuptial agreements are protection for a marriage. Although divorce may never happen, ironing out the financial distribution now will not only save time but can also give much-needed peace of mind. Those in North Carolina who have questions or want more information about prenuptial agreements may want to speak with a legal professional. An experienced and knowledgeable attorney can provide guidance and help individuals protect their future.