Why Prenuptial Agreements Are on the Rise
Anyone who is seriously considering getting married should also seriously consider signing a prenuptial agreement first. It may seem very unromantic and it may seem like it goes against everything a person feels about their relationship with their future spouse. However, the reality is that there are just too many benefits to signing a prenuptial agreement before one gets married to let it pass.
What is a prenuptial agreement?
First of all, let’s discuss what a prenuptial agreement actually is. This is basically a legal agreement which is signed by both spouses and it helps to secure ones assets and finances in case of divorce. Once again, this is probably the last thing any soon-to-be-wed couples want to think about. However, divorce rates are on the rise and since there is a statistically significant chance that a person will find themselves filing for divorce then having one’s finances and assets secure is definitely something which should be taken care of beforehand.
Statistics show more people are signing prenuptial agreements
51% of attorneys in the US have reported seeing a rise in the amount of clients who are coming to them for prenuptial agreements. The most probable reason for this increase is because individuals are now getting married at later ages, and when a person is older than they generally have had more time to accumulate assets and wealth. Since these individuals feel like they have more to lose then they are making sure they are taking the legal steps to ensure everything remains safe if they ever do end up terminating their marriage contract.
What a prenuptial agreement protects
When a person signs a prenuptial agreement then they are basically protecting most if not all their assets and their money in case they end up getting a divorce or in case one of the partners pass away. Some of the factors which can be secured are:
- A family business
- Debt payments
- Child Inheritance
- Money brought into the marriage
The factors a person can secure really depend on each individual case and that is why it is so important to have a family law attorney helping each spouse out with filling out their agreement in Northampton, MA. For the best possible result, each individual should have their own lawyer to help them out so that everything is fair game.
How a Lawyer can help
The reason it is necessary to involve a qualified family law attorney is because they have years of experience witnessing the asset-distribution struggles which generally do arise when a couple undergoes a divorce. With this knowledge they can help each partner construct the perfect agreement so that they do not unknowingly miss out on securing all of their assets. Getting a family law attorney from Dinsmorestark Attorneys and Law in Northampton, MA can help a person save time and save on the expenses of later trying to fight for their assets if they end up in a divorce.
