Communicate Clearly With A Premarital Or Postmarital Agreement
If you are engaged or recently married — first of all, congratulations! This is an exciting time in your life, as you set down a path together with your husband or wife. It’s a great moment to sit down and talk with your spouse about your respective expectations for the future — the more clearly you lay these out today, the more arguments you might be able to avoid in the future.
With a lawyer’s help, you can record your expectations in a premarital agreement — also known as a prenuptial agreement. (And if you are already married, a postmarital agreement — or postnuptial agreement — may have the same effect. The only difference is that the document is drafted after you are married.)
At Kenny & Lowry, we will walk you through questions that you may not think to ask yourself, and explain how to best set up your finances so that you are complying with the terms of your agreement.
Clear Planning Today Can Avert A Headache Tomorrow
All marriages have good days and bad days. By taking the time to set clear expectations early in your marriage, when it is especially easy to see each other’s virtues, you can help yourselves avoid surprises in the future that might lead to arguments or even divorce.
You can also spell out what will happen in the unlikely event that you do one day get divorced. No matter how remote this possibility, it is common sense to lay out a plan that protects your own financial interests as well as those of your spouse.
Prepare A Thoughtful Premarital Agreement
Don’t limit your future out of politeness or fear of upsetting your husband or wife. Premarital agreements and postmarital agreements are an act of financial planning. By drafting one, you are protecting both yourself and the person you love.