You may be planning a grand wedding in Florida, but you want to protect your assets. This is wise because you never know what might happen in the future. In the event that you and your new spouse end up divorcing, you may want to consider a prenuptial agreement. If this is the case, you should have all the facts about prenups.
What is a prenuptial agreement?
Per family law, a prenuptial agreement is an important legal document that can protect your assets and property if you ultimately get a divorce. While there is a misconception that only people who are wealthy can benefit from these documents, anyone can get a prenup. It is also beneficial if you have your own business and want to keep it separate from a potential divorce in the future.
It’s important to know that the idea of prenups can cause contention between couples. In many cases, when one member of a couple brings up a prenup to the other, it makes that person think there is a lack of trust. Speaking with a counselor or other professional might be able to help.
What is included in a prenuptial agreement?
Family law requires certain things to be covered in a prenuptial agreement. The most common of those things include the following:
• How assets and property are divided if you get a divorce.
• Agreements between you and your spouse about the amount of money they receive as support if you divorce.
• Certain terms that dictate certain types of payments, such as if there is infidelity on the part of your spouse.
• A sunset clause, which dissolves the agreement after a set period of time.
• An explanation of what happens with debt a spouse brought into a marriage and continues to amass after divorce.
If you are considering having a prenuptial agreement drawn up before you marry, it’s important to know all of the laws. Legal advice can keep you better prepared. You may also want to prepare how to bring up the subject to your significant other.