The truth about prenuptial agreements

| Oct 23, 2018 | divorce, Firm News

Kentucky residents who are about to get married may want to strongly consider a prenuptial agreement. When constructed properly, they can help couples clarify their roles in the relationship in a rational and calm manner. However, some choose not to get them because of the many myths that society perpetuates about them. For instance, one myth is that they are only for wealthy people. The truth is that anyone can benefit from them regardless of wealth.

It is also important to keep in mind that getting a prenuptial agreement doesn’t mean a couple is guaranteed to get divorced. Typically, they have no bearing on the success or failure of a marriage. This is according to a survey of mental health experts conducted by the website YourTango. In addition to preparing for a divorce, a prenuptial agreement can also help to create an estate plan.

This may make it easier to settle an estate whether a spouse dies unexpectedly. Those who want to go beyond the terms of the agreement are free to do so. For instance, if the spouse who has more money wants to provide extra alimony, that can be done without changing the terms of the agreement permanently. Regardless of its terms, the agreement should be reviewed by an attorney months before the wedding.

The end of a marriage may be made much easier when a prenuptial agreement is involved. It may determine how property is divided, who gets alimony and other issues that may arise. While it cannot determine child custody issues, parents are free to create a parenting plan that a judge can review and approve. An attorney may help those who are considering ending their marriage now or in the near future.