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5 keys to a strong prenuptial agreement

Do you assume that you don't really need a prenuptial agreement because you are not wealthy or have significant assets? This is a common misconception, but in reality, many Florida couples could benefit from the protections provided by a prenuptial agreement. You do not have to be rich or famous to find this step both practical and smart.

If you have decided that a prenuptial agreement is in your best interests, it is also smart to ensure that you have the right elements included. With help and guidance, you can draft an agreement that actually protects your interests and gives you peace of mind regarding your financial future.

Including the right stuff

A prenuptial agreement can do much more than simply outline how property division will work in case of a divorce. In fact, you are able to customize yours to suit your unique objectives and financial situation. Some of the things that you may be wise to consider as you draft your agreement include the following:

  • Provisions for keeping important family property in the family
  • Outline for supporting children from a previous marriage
  • Shield yourself from walking away from a marriage with an unfair portion of marital debt
  • Protect your estate plan from the impact of a divorce
  • Outline the financial responsibilities of each spouse going into the marriage

From management household expenses to taking on additional student loan debt, simply having conversations about these elements can be good for you and your soon-to-be spouse as you enter into marriage.

Many people eschew the importance of protecting their financial interests before marriage, but it could be the right choice for you. Having these issues settled could provide you peace of mind. It is impossible to predict the future, but a prenuptial agreement can give you an element of control in case your marriage ends at some point down the road.

The family law guidance you need

A prenuptial agreement may not seem romantic, but it is wise to consider all of the legal options available to you. Taking this step is not planning on your marriage to fail, it's simply planning well for a contingency in the future.

When you have the right things included as part of your prenuptial agreement, it is more likely that it will be enforceable and hold up under any scrutiny in the future. Experienced guidance and careful consideration of all pertinent factors can help you draft a plan that is strong and suitable for you.

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