A prenuptial agreement can be a useful tool for protecting both partners’ financial and property interests during their marriage. It can often help simplify the divorce process if the marriage fails. However, prenuptial agreements can be a sore subject for some couples, especially if one spouse has significantly greater assets and is more interested in creating the agreement than the other. If your spouse asks you to sign a prenup, there are several things you can do to ensure that the agreement is fair to you as well as your spouse.
Considerations When Signing a Prenup
Before you go through with signing a prenup, here are some important things you should consider:
Discuss your financial goals with your partner. Ideally, creating a prenuptial agreement should be a collaborative process. If your spouse comes to you with a fully drafted prenup, consider asking to share your own input rather than simply agreeing to their terms. Discussing your financial goals as a couple and each of your individual financial goals can better ensure that the agreement meets both of your needs....