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How can you tell if you need a prenuptial agreement?

Preparing for a wedding can be one of the most exciting times in a couple’s life. When the topic of a prenuptial agreement comes up, it may dampen the happy mood. However, it may be worth it for you and other Tennessee residents to consider a prenup. It might encourage you to learn that not all the points in a prenuptial agreement necessarily pertain to a divorce.

According to How Stuff Works, prenuptial agreements exist to protect the financial interests of both spouses. You might find a prenup helpful in the following situations:

  • You or your spouse had separate assets, property or debt before you married.
  • You want to be clear on how to manage property and debts during your marriage.
  • You are concerned about how your property should be distributed after your death, especially if you have children from previous marriages.

A prenuptial agreement may help you and your spouse avoid conflict during your marriage, since you both worked out the terms and agreed upon them before you were married. It can give you peace of mind to know how to manage the complex issues you negotiated in your prenup, which could preserve harmony and help you avoid a divorce. However, if a divorce is indeed imminent, your prenup may also alleviate contention during the proceedings and help you avoid a drawn-out court battle.

Prenuptial agreements are not limited to those with significant assets. If you have financial concerns, considering a prenup may be beneficial regardless of your financial status. This blog, however, is not meant to replace the advice of a lawyer.

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