Louisiana couples planning to marry rarely consider what will happen if the marriage ends in divorce. Thinking about this possibility is unromantic and may seem impractical, but in reality, it can be prudent to do so.
If you are preparing to walk down the aisle, it is smart to think about the benefits of a prenuptial agreement.
A prenuptial agreement is not planning for the marriage to fail, regardless of what some people may think. This step has no bearing on the success or failure of your marriage, but it can give you peace of mind regarding the future. It is a smart way to plan for contingencies and plan for your own financial security in the future.
Who really needs one?
You may think that you do not need a prenuptial agreement because you are not wealthy or you do not have valuable assets that need protecting. Nevertheless, signing a prenuptial agreement can be a smart step for virtually every person, regardless of wealth, income and possessions.
Some of things you can accomplish with your prenuptial agreement include:
- You can outline what property is marital property and what is separate.
- A prenuptial agreement can specify the financial obligations and rights of each spouse over the course of the marriage.
- It can help you keep certain property in your family in case of a divorce.
- A pre-marriage contract can allow you to outline the division of all marital property in the event of a divorce.
The steps you can take with a prenuptial agreement can provide peace of mind for you regarding your long-term financial interests. It is impossible to predict what may happen, but you can take practical steps to ensure you have no exposure to unnecessary risks and potential complications in the future. Before you walk down the aisle, it is prudent to consider the positive aspects of this type of legal agreement.
Protecting your future starts today
Your future is always worth protecting, regardless of your income level, assets and personal wealth. If you believe you could benefit from a prenuptial agreement, you would be wise to seek guidance as you draft yours.
As with other important family law decisions that could affect your future, it is smart to be thoughtful and cautious as you work through the terms of your contract. With a strong future in mind and an enforceable, well-worded prenuptial agreement in place, you can look to your marriage and new life as a married couple with confidence and security.