While we are currently open for business, we are mindful of the health related risks posed by COVID-19 and are available for Virtual Zoom Consultations or Phone Consultations.

Rogers, Shea & Spanos

Schedule Your Appointment
888-521-9952

Benefit of prenuptial agreements

On Behalf of | May 27, 2019 | Prenuptial Agreements

To many people in Tennessee, the thought of asking a partner to sign a prenuptial agreement might sound like the antithesis of romantic and contrary to what a couple in love planning their future together should be doing. However, marriage is as much a business transaction as it is an emotional one and addressing both sides of this experience is important.

As explained by Money.com, a prenup can actually help a couple prepare for a solid marriage. Being forced to be completely open and honest about all financial matters is not easy. This may well be why money is such a common trigger for marital arguments and divorces. A prenuptial agreement can help partners determine how they want to manage their money together once they are married, setting them up for success.

If a marriage does eventually run into problems, a prenup can take out some of the unknowns in the negotiation process because some of the financial obligations can have been identified already. For example, a couple can proactively choose to say that neither person will seek spousal support from the other if they get divorced. A business can also be protected via a prenup.

Bankrate adds that a prenuptial agreement can allow couples to more effectively keep separate property from becoming comingled and ending up as marital property during a divorce inadvertently. Blended families can benefit greatly from prenups as spouses can outline provisions for care of their biological children and their spouse without pitting the two against each other.

 

 

FindLaw Network

A Premier Nashville Firm For Complex Divorce

cont-3