Best Practices for Conversations About Prenuptial Agreements
- Posted on: Jun 6 2016
When entering into a marriage, a prenuptial agreement, also referred to as a prenup, isn’t always considered. But if one party has a significant amount more money than the other, it may be something worth thinking about. Addressing the thought of a prenuptial agreement can be a touchy subject, but sometimes the conversation needs to be had.
If you and your spouse are considering a prenuptial agreement, here are some best practices to consider when approaching the subject:
Talk about the prenup as soon as possible.
If you believe a prenuptial agreement is something you want, address the conversation as soon as you can. This allows a long, in depth conversation to be had and allows the news to sink in long before the wedding takes place. In a best case scenario, the discussion should happen before the wedding planning begins.
Involve an attorney as soon as the prenup is agreed.
Getting a Queens divorce attorney involved in the process as quickly as possible ensures a smooth case. If you and your spouse wait too long to address the details of the prenuptial agreement, it can become stressful and emotional if done too close to the wedding. It is best to get the prenuptial agreement out of the way before the wedding planning begins so you and your spouse-to-be can focus on creating the celebration you’ve always dreamed of.
Use a collaborative process.
Creating a prenuptial agreement should not be seen as a battle. The agreement is put in place to provide support to both parties of the marriage, so it should be treated as such. When deciding the details of the prenuptial agreement, you and your spouse should discuss the boundaries, negotiations, and develop a plan that both of you are content with.
Keep it simple.
Your prenuptial agreement doesn’t need to be full of speculation and circumstantial clauses. Instead, keep things as simple as possible. Consider what should happen if the marriage ends and what assets you would like to protect. Don’t create problems for your future that haven’t happened yet.
Setting up a prenuptial agreement is a stressful and touchy time for you and your fiancé, but in the event that your marriage ends in divorce, you’ll be thankful you took the time to protect yourself and your assets.
For assistance developing a prenuptial agreement or for questions about if a prenup is right for you, contact the Queens divorce law office of FK Law Group. FK Law Group provides legal guidance to individuals throughout Queens and New York City on all matters related to divorce. A qualified Queens divorce attorney can be reached at 1-800-631-1757 for legal advice and experienced counsel.
Posted in: Uncategorized